amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, when testing to see if the coefficient on FEMALE is different than -100, what is the critical value (using the 5% level of significance)?

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Author:Amos Gilat
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The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS*FEMALE Based on the regression results, when testing to see if the coefficient on FEMALE is different than -100, what is the critical value (using the 5% level of significance)? (please express your answer using 2 decimal places)
The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term,
SECONDS FEMALE
SUMMARY
OUTPUT
Regression
Statistics
Multiple R
0.503
R Square
Adjusted R Square
Standard Error
Observations
50
ANOVA
df
MS
Significance
Regression
2728.7 5.19
0.004
Residual
24161.8
525.3
Total
32348
Coefficients Standard Error t Stat P-value Lower 95%
Upper
95%
Intercept
133.5
23.51
5.89
91.03
185.67
Seconds
-2.00
0.679
0.002
-3.401
-0.839
Female
-78.6
30.3
-2.26
-137.33
-8.07
Seconds Female
2.3
0.85
2.8
0.007
0.67
Based on the regression results, when testing to see if the coefficient on FEMALE is different than -100, what is the critical value (using the 5% level of significance)? (please express your answer using 2 decimal places)
Transcribed Image Text:The following results are from data concerning the amount withdrawn from an ATM machine based on the amount of time spent at the ATM machine (SECONDS) and the gender, FEMALE (dummy variable = 1 for females and = 0 for males) and an interaction term, SECONDS FEMALE SUMMARY OUTPUT Regression Statistics Multiple R 0.503 R Square Adjusted R Square Standard Error Observations 50 ANOVA df MS Significance Regression 2728.7 5.19 0.004 Residual 24161.8 525.3 Total 32348 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 133.5 23.51 5.89 91.03 185.67 Seconds -2.00 0.679 0.002 -3.401 -0.839 Female -78.6 30.3 -2.26 -137.33 -8.07 Seconds Female 2.3 0.85 2.8 0.007 0.67 Based on the regression results, when testing to see if the coefficient on FEMALE is different than -100, what is the critical value (using the 5% level of significance)? (please express your answer using 2 decimal places)
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