Use the following information from a multiple regression analysis: n = 25 b1 = 5 b2 =

Question:

Use the following information from a multiple regression analysis:

n = 25 b1 = 5 b2 = 10 Sb1 = 2 Sb2 = 8

1. Which variable has the largest slope, in units of a t statistic?

2. Construct a 95% confidence interval estimate of the population slope, β1.

3. At the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the independent variables to include in this model. Explain

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

Question Posted: