Consider the following partial computer output for a multiple regression model. The calculated value of the t statistic for X₁ is ________. A)2.325 B)-2.325 C)0.4301 D)-0.4301

Question

Quizplus · Accepted Answer

The t statistic value is negative, which means that the coefficient estimate for the variable X₁ is negative. Since the absolute value of the t statistic is greater than 2 for this variable, we can conclude that the coefficient estimate is significantly different from zero. Therefore, the correct choice is B.

Consider the Following Partial Computer Output for a Multiple Regression