TABLE 14-8
A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X₁ = Age), experience in the field (X₂ = Exper), number of degrees (X₃ = Degrees), and number of previous jobs in the field (X₄ = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics
ANOVA

-Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X₃. The p-value of the test is ________.

Question

TABLE 14-8
A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X₁ = Age), experience in the field (X₂ = Exper), number of degrees (X₃ = Degrees), and number of previous jobs in the field (X₄ = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics

TABLE 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X<sub>1</sub> = Age), experience in the field (X<sub>2</sub> = Exper), number of degrees (X<sub>3</sub> = Degrees), and number of previous jobs in the field (X<sub>4</sub> = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. The p-value of the test is ________.

ANOVA

-Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X₃. The p-value of the test is ________.

Quizplus · Accepted Answer

The Answer of TABLE 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X 1 = Age), experience in the field (X 2 = Exper), number of degrees (X 3 = Degrees), and number of previous jobs in the field (X 4 = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X₃. The p-value of the test is ________.

TABLE 14-8 A Financial Analyst Wanted to Examine the Relationship Between Salary