Below is a partial Excel output based on a sample of 25 observations.   Coefficients Standard Error Intercept 145.321   48.682   x1 25.625   9.150   x2 −5.720   3.575   x3 0.823   0.183   We want to test whether the parameter β1 is significant. The test statistic equals

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Below is a partial Excel output based on a sample of 25 observations.

  Coefficients Standard Error
Intercept 145.321   48.682  
x1 25.625   9.150  
x2 −5.720   3.575  
x3 0.823   0.183  

We want to test whether the parameter β1 is significant. The test statistic equals _____.
  a. 1.96  
  b. .357  
  c. 14  
  d. 2.8  
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