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2.b. You expect that one more year as CEO increases CEO salary by 1% given the other variables. Test it and nswer its t statistic. Is the expectation rejected? t: Rejected?

2.b. You expect that one more year as CEO increases CEO salary by 1% given the other variables. Test it and nswer its t statistic. Is the expectation rejected? t: Rejected?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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2.b. You expect that one more year as CEO increases CEO salary by 1% given the other variables. Test it and answer its t statistic. Is the expectation rejected? t: Rejected?
Transcribed Image Text:2.b. You expect that one more year as CEO increases CEO salary by 1% given the other variables. Test it and answer its t statistic. Is the expectation rejected? t: Rejected?
t test of coefficients: Estimate Std. Error t value Pr (>|t|) (Intercept) 4.5089318 0.2783799 16.1970 < 2.2e-16 *** grad -0.0444335 0.0755251 -0.5883 0.55708 ceoten 0.0114044 0.0072926 1.5638 0.11970 log(sales) 0.1619217 0.0372561 4.3462 2.364e-05 ** te log (mktval) 0.1129730 0.0473464 2.3861 0.01811 * signif. codes: 0 ***** 0.001 **** 0.01 **' 0.05 '.' 0.1'' 1
Transcribed Image Text:t test of coefficients: Estimate Std. Error t value Pr (>|t|) (Intercept) 4.5089318 0.2783799 16.1970 < 2.2e-16 *** grad -0.0444335 0.0755251 -0.5883 0.55708 ceoten 0.0114044 0.0072926 1.5638 0.11970 log(sales) 0.1619217 0.0372561 4.3462 2.364e-05 ** te log (mktval) 0.1129730 0.0473464 2.3861 0.01811 * signif. codes: 0 ***** 0.001 **** 0.01 **' 0.05 '.' 0.1'' 1
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