Use the following information from a multiple regression analysis: n = 20 b1 = 4 b2 = 3 Sb1 = 1.2 Sb2 = 0.8 i. Which variable has the largest slope, in units of a t statistic? ii. Construct a
Use the following information from a multiple regression analysis:
n = 20 b1 = 4 b2 = 3 Sb1 = 1.2 Sb2 = 0.8
i. Which variable has the largest slope, in units of a t statistic?
ii. Construct a 95% confidence interval estimate of the population slope, β1.
iii. 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. Explain.
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Posted Date: March 29, 2016 06:59:00
Students also viewed these Statistics questions