Observations on years of education and hourly wages are sampled for 20 individuals and the regression wage=f(education) yields estimates B1 = 12.5, B2 = 3.7, and ô = 22.3. When doing a two-tailed hypothesis test on B2 with significance level of a = 0.01, what would the critical 1-value be? O A. 3.61 %3!

MATLAB: An Introduction with Applications
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Observations on years of education and hourly wages are sampled for 20 individuals and the regression wage=f(education) yields estimates B, = 12.5,
B2 = 3.7, and ô = 22.3. When doing a two-tailed hypothesis test on B2 with significance level of a = 0.01, what would the critical t-value be?
O A. 3.61
%3D
О в. 2.878
ОС. 2.11
D. none of the options provided are correct.
ОЕ. 2.552
Transcribed Image Text:Observations on years of education and hourly wages are sampled for 20 individuals and the regression wage=f(education) yields estimates B, = 12.5, B2 = 3.7, and ô = 22.3. When doing a two-tailed hypothesis test on B2 with significance level of a = 0.01, what would the critical t-value be? O A. 3.61 %3D О в. 2.878 ОС. 2.11 D. none of the options provided are correct. ОЕ. 2.552
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