Which one of the following statements is true concerning the 95% confidence interval for the regression coefficient for the Salary variable?
A)Because the confidence interval does not include zero, we have evidence to conclude that there is no relationship between the base salary of the employee and the number of cars sold per month.
B)Because the confidence interval includes zero, we have evidence to conclude that there is a relationship between the base salary of the employee and the number of cars sold per month.
C)Because the confidence interval includes zero, we have evidence to conclude that there is no relationship between the base salary of the employee and the number of cars sold per month.
D)Because the confidence interval does not include zero, we have evidence to conclude that there is a relationship between the base salary of the employee and the number of cars sold per month.

Question

Quizplus · Accepted Answer

When the 95% confidence interval for a regression coefficient does not include zero, it suggests that there is a statistically significant relationship between the variable in question (in this case, the base salary of the employee) and the dependent variable (the number of cars sold per month). This means we have evidence to conclude that there is indeed a relationship.

Which One of the Following Statements Is True Concerning the 95