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 meaningful role in predicting the dependent variable,and the independent variable should be "trimmed" from the model.

Question

Quizplus · Accepted Answer

In multiple regression analysis, t tests are used to test the statistical significance of betas. If a beta is found to be insignificant, it means that its respective independent variable does not contribute significantly to the prediction of the dependent variable. Hence, the independent variable should be removed from the model to simplify it and improve its accuracy.

In Multiple Regression Analysis,t Tests Are Used to Test for the Statistical