Below you are given a partial computer output from a multiple regression analysis based on a sample of 16 observations. CoefficientsStandard Error Constant12.9244.425 x1-3.6822.630 x245.21612.560 Analysis of Variance Source ofVariationDegrees ofFreedomSum ofSquaresMeanSquareFRegression 48532426.5 Error 485.3 The t value obtained from the table which is used to test an individual parameter at the 1% level is a. 2.977. b. 2.921. c. 3.012. d. 2.650.

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Answered: Below you are given a partial computer…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Below you are given a partial computer output from a multiple regression analysis based on a sample of 16 observations.

	Coefficients	Standard Error
Constant	12.924	4.425
x₁	-3.682	2.630
x₂	45.216	12.560

Analysis of Variance
Source of Variation	Degrees of Freedom	Sum of Squares	Mean Square	F
Regression		4853	2426.5
Error			485.3

The t value obtained from the table which is used to test an individual parameter at the 1% level is

a. 2.977.

b. 2.921.

c. 3.012.

d. 2.650.

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