Exhibit 16-1
In a regression analysis involving 25 observations, the following estimated regression equation was developed. = 10 - 18x1 + 3x2 + 14x3
Also, the following standard errors and the sum of squares were obtained.Sb1 = 3 Sb2 = 6 Sb3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 16-1. The coefficient of x1
A) is significant
B) is not significant
C) cannot be tested, because not enough information is provided
D) None of these alternatives is correct.
Correct Answer:
Verified
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