Question: The multiple linear regression model y = 0 + 1x1 + 2x2 + 3x3 is fitted to a data set of n = 44 observations.

The multiple linear regression model
y = β0 + β1x1 + β2x2 + β3x3
is fitted to a data set of n = 44 observations. The parameter estimates β1 = 11.64, p% = 132.9, and β3 = 0.775 are obtained with standard errors s.e.(β^1) = 1.03, s.e.( β^2) = 22.8, and s.e.( β^3) =0.671. Should any of the variables x1, x2, and x3 be removed from the model?

Step by Step Solution

3.34 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The test statistic for H 0 1 0 is t 1130 and the p... View full answer

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

Document Format (1 attachment)

Word file Icon

943-M-S-P (9644).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!