Assume that the current date is February 1, 2003. The linear regression model was applied to a monthly time series based on the last 24 months' sales (from January 2000 through December 2002). The following partial computer output summarizes the results. At a significance level of .05, what is the value of the rejection point in testing the slope for significance?
A) 1.717
B) 1.96
C) 2.074
D) 1.645
E) 2.064

Question

Assume that the current date is February 1, 2003. The linear regression model was applied to a monthly time series based on the last 24 months' sales (from January 2000 through December 2002). The following partial computer output summarizes the results.  At a significance level of .05, what is the value of the rejection point in testing the slope for significance?
A) 1.717 
B) 1.96 
C) 2.074 
D) 1.645 
E) 2.064

Quizplus · Accepted Answer

On the t-chart with a significance level of .05 and 24 − 2 = 22 degrees of freedom, the value of the rejection point is 2.074.

Assume That the Current Date Is February 1, 2003