Question: Use the following information from a multiple regression analysis: n = 20 b1 = 4 b2 = 3 Sb1 = 1.2 Sb2 = 0.8 a.
n = 20 b1 = 4 b2 = 3 Sb1 = 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, β1.
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.
Step by Step Solution
There are 3 Steps involved in it
a The slope of X 2 in terms ofthe t statistic is 37... View full answer
Get step-by-step solutions from verified subject matter experts
