For each of the following cases, report whether the coefficient for the variable x is significantly different

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For each of the following cases, report whether the coefficient for the variable x is significantly different from 0 at the 5% significance level and explain the implications of your decision.

a. n = 13

b. n = 19

c. n = 25

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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Question Posted: Jul 16, 2015 11:44 PM

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For each of the following cases, report whether the coefficient for the variable x is significantly different

Question:

Coeff Std Error t Stat P-value Intercept 62054 6 6205 0000 1228 0.245 0.604 0.492 Coeff 95.845 0.961 Std Error 21.655 0.282 t Stat 4.426 3.406 Intercept Coeff Std Error 23.897 0.276 Intercept 112.315 0.675

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a We can use the pvalue for the coefficient b Since the pvalue of 245 is gr...View the full answer

Understanding Business Statistics

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