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.S_b1 = 3 S_b2 = 6 S_b3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 16-1. The coefficient of x₁

Question

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.S_b1 = 3 S_b2 = 6 S_b3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 16-1. The coefficient of x₁

Quizplus · Accepted Answer

The coefficient of x1 is significant because the p-value is less than 0.05.

Exhibit 16-1 In a Regression Analysis Involving 25 Observations, the Following Estimated