THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Assume that x₁ is a continuous variable and x₂ is a dummy variable with a value of 0 or 1.
-Consider the following statistics of a multiple regression model: n = 25,K = 5,b₁ = -6.31,and
= 2.98.Can we conclude at the 1% significance level that x₁ and y are linearly related?

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Assume that x₁ is a continuous variable and x₂ is a dummy variable with a value of 0 or 1.
-Consider the following statistics of a multiple regression model: n = 25,K = 5,b₁ = -6.31,and

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Assume that x<sub>1</sub> is a continuous variable and x<sub>2</sub> is a dummy variable with a value of 0 or 1. -Consider the following statistics of a multiple regression model: n = 25,K = 5,b<sub>1</sub> = -6.31,and = 2.98.Can we conclude at the 1% significance level that x<sub>1</sub> and y are linearly related?

= 2.98.Can we conclude at the 1% significance level that x₁ and y are linearly related?

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Assume that x 1 is a continuous variable and x 2 is a dummy variable with a value of 0 or 1. -Consider the following statistics of a multiple regression model: n = 25,K = 5,b₁ = -6.31,and = 2.98.Can we conclude at the 1% significance level that x₁ and y are linearly related?