Question: In a multiple regression equation, two independent variables areconsidered, and the sample size is 30. The regression coefficients and thestandarderrors are as follows. b 1

In a multiple regression equation, two independent variables areconsidered, and the sample size is 30. The regression coefficients and thestandarderrors are as follows.


b₁= 1.598	S_b1= 0.85
b₂= -1.259	S_b2= 0.6

Conduct atestofhypothesisto determine whether either independent variable has a coefficient equal to zero. Would you consider deleting either variable from the regression equation? Use the .05 significance level.(Round your answers to 3 decimal places. Negative amounts should be indicated by a minus sign.)

H₀: ₁= 0	H₀: ₂= 0
H₁: ₁0	H₁: ₂0
H₀is rejected ift< -2.042 ort> 2.042

t	forb₁coefficient=

t	forb₂coefficient=

(Click to select)The firstThe secondNeither the first nor secondvariable can be deleted.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Assignment due on 06.20.2016 at 11:30PM Please see the attached 11 question set. Head-First Company plans to sell 5,100 bicycle helmets at $78 each in the coming year. Product costs include: Direct...

1. In a multiple regression equation, two independent variables are considered, and the sample size is 30. The regression coefficients and the standard errors are as follows. b1 = 1.598 Sb1 = 0.85 b2...

In a multiple regression equation two independent variables are considered, and the sample size is 24. The regression coefficients and the standard errors are as follows: b2 = 2.578 b = -0.550 Sbi Sb...

14. In a multiple regression equation two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows: b1 = 2.676 sb1 = 0.56 b2...

In a multiple regression equation two independent variables are considered, and the sample size is 29. The regression coefficients and the standard errors are as follows: b2 = 2.576 b2 = -0.630 sb1 =...

In a multiple regression equation, two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows. b1 = 2.676 sb1 = 0.56 b2 =...

In a multiple regression equation two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows. Conduct a test of hypothesis...

In a multiple regression equation two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows. b1 = 2.676 Sb1 = 0.56 b 2 =...

In a multiple regression analysis, two independent variables are considered, and the sample size is 25. The regression coefficients and the standard errors are as follows. b 1 = 2.676 S b1 = 0.56 b 2...

In a multiple regression analysis, two independent variables are considered, and the sample size is 27. The regression coefficients and the standard errors are as follows. b 1 = 2.484 S b1 = 0.33 b 2...

2 problems that a battery-operated wristwatch that works to calm nerves and eliminate stress can solve when it comes to people's health and the environment/society?

What are five positive and five negative adjustments to taxable income to determine current earnings and profits?

All states impose a tax based on a C corporation's taxable income. True False

1. In an attempt to determine the flow rate of 20C water through a garden hose, a student measures that it takes 2 minutes and 37 seconds to fill a 55-gallon drum, and that the internal diameter of...