Sb1 = 0.42, Consider the following estimated regression equation: ŷ = 44+6.9x1-9.1x2+2.4x3, and let Sb₂ = 1.13, and S63 1.12. Assume you used a data set with 20 observations to estimate the parameters. The p-value of the appropriate statistic used to test the significance of the value of the coefficient of x3 is best represented by which of the following ranges? (₂) = n. value> 0.10

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Statistics

- 0.42,
Sb₂ = 1.13, and S63
Consider the following estimated regression equation: ŷ = 44+6.9x₁ −9.1x2+2.4x3, and let s₁ =
1.12. Assume you used a data set with 20 observations to estimate the parameters.
The p-value of the appropriate statistic used to test the significance of the value of the coefficient of
x3 is best represented by which of the following ranges?
=
(a)
p-value > 0.10
(b)
0.10 p value > 0.05
(c)
0.05p value > 0.02
(d) 0.02 p value > 0.01
-
(e) 0.01 p-value
Transcribed Image Text:- 0.42, Sb₂ = 1.13, and S63 Consider the following estimated regression equation: ŷ = 44+6.9x₁ −9.1x2+2.4x3, and let s₁ = 1.12. Assume you used a data set with 20 observations to estimate the parameters. The p-value of the appropriate statistic used to test the significance of the value of the coefficient of x3 is best represented by which of the following ranges? = (a) p-value > 0.10 (b) 0.10 p value > 0.05 (c) 0.05p value > 0.02 (d) 0.02 p value > 0.01 - (e) 0.01 p-value
Expert Solution
steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman