Question: True or False? In multiple regression analysis, t tests are used to test for the statistical significance of betas. If a beta is insignificant, it
True or False?
In multiple regression analysis, t tests are used to test for the statistical significance of betas. If a beta is insignificant, it means that its respective independent variable plays no mean-ingful role in predicting the dependent variable and the independent variable should be "removed" from the model.
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