Consider the estimated equation from your textbook = 698.9 - 2.28STR, R2 = 0.051, SER = 18.6, Corresponding standard errors of coefficients are as such: SE (698.9) = 10.4 SE (-2.28) = 0.52 The absolute value of t-statistic for the slope is approximately: A. 67.20 B. 1.76 C. -4.38 D. 0.52
Consider the estimated equation from your textbook = 698.9 - 2.28STR, R2 = 0.051, SER = 18.6, Corresponding standard errors of coefficients are as such: SE (698.9) = 10.4 SE (-2.28) = 0.52 The absolute value of t-statistic for the slope is approximately: A. 67.20 B. 1.76 C. -4.38 D. 0.52
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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25)
Consider the estimated equation from your textbook
= 698.9 - 2.28STR, R2 = 0.051, SER = 18.6,
Corresponding standard errors of coefficients are as such:
SE (698.9) = 10.4
SE (-2.28) = 0.52
The absolute value of t-statistic for the slope is approximately:
A. 67.20
B. 1.76
C. -4.38
D. 0.52
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