Exhibit 13-6 Below you are given a partial Excel output based on a sample of 16 observations. -Refer to Exhibit 13-6. Carry out the test of significance for the parameter $\beta$₁ at the 1% level. The null hypothesis should be A)rejected B)not rejected C)revised D)None of these alternatives is correct.

Question

Quizplus · Accepted Answer

The p-value for the test is 0.0848 which is greater than the significance level of 0.01. Therefore, we do not have enough evidence to reject the null hypothesis at the 1% level of significance.

Exhibit 13-6 Below You Are Given a Partial Excel Output β\betaβ

Exhibit 13-6
Below You Are Given a Partial Excel Output $\beta$