If the t ratio for the slope of a simple linear regression equation is equal to 1.614 and the critical values of the t distribution at the 1% and 5% levels of significance, respectively, are 3.499 and 2.365, then the slope is not significantly different from zero. significantly different from zero at both the 1% and the 5% levels. significantly different from zero at the 1% level but not at the 5% level. significantly different from zero at the 5% level but not at the 1% level.
If the t ratio for the slope of a simple linear regression equation is equal to 1.614 and the critical values of the t distribution at the 1% and 5% levels of significance, respectively, are 3.499 and 2.365, then the slope is not significantly different from zero. significantly different from zero at both the 1% and the 5% levels. significantly different from zero at the 1% level but not at the 5% level. significantly different from zero at the 5% level but not at the 1% level.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If the t ratio for the slope of a simple linear regression equation is equal to 1.614 and the critical values of the t
distribution at the 1% and 5% levels of significance, respectively, are 3.499 and 2.365, then the slope is
not significantly different from zero.
significantly different from zero at both the 1% and the 5% levels.
significantly different from zero at the 1% level but not at the 5% level.
significantly different from zero at the 5% level but not at the 1% level.
please show how you come up with the answer , do not just guess !!!
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