SCENARIO 18-3
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:

-Referring to Scenario 18-3,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

SCENARIO 18-3
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:

SCENARIO 18-3 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: -Referring to Scenario 18-3,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 .

-Referring to Scenario 18-3,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 SCENARIO 18-3 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: -Referring to Scenario 18-3,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 .

SCENARIO 18-3 A Financial Analyst Wanted to Examine the Relationship Between Salary