Use the following information from a multiple regression model: n = 20 b 1 = 4 b

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Use the following information from a multiple regression model:

n = 20 b1 = 4 b2 = 3 Sbi = 1.2 Sb2 = 0.8

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

b. Construct a 95% confidence interval estimate of the population slope, b1

c. 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.

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Business Statistics A First Course

ISBN: 9780321979018

7th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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