Question: t statistics is found by dividing coefficient with their standard errors and is available in the regression analysis table in excel: t stat for a
t statistics is found by dividing coefficient with their standard errors and is available in the regression analysis table in excel: t stat for a = -2.05 t stat for b = 16 this is our standardized slope. The bigger this value, the stronger the evidence to reject null hypothesis (no relationship between the two). It shows that b has a strong value to reject the null hypothesis i.e., it is strongly related to profit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
