šider the multiple regression model shown below. This model was based on a sample size of 20 observations. Ý = 33 + 8X1 - 6X2 + 16X3 + 18X4 Suppose the standard error of the coefficient for X3 = 10 (Sp = 10). At the 5% level of significance, what can we conclude when evaluating for significance of X3? %3D %3D X3 is a significant predictor and should be kept in the model O X3 is not a significant predictor and should be dropped from the model There is not enough information provided to make any conclusions
šider the multiple regression model shown below. This model was based on a sample size of 20 observations. Ý = 33 + 8X1 - 6X2 + 16X3 + 18X4 Suppose the standard error of the coefficient for X3 = 10 (Sp = 10). At the 5% level of significance, what can we conclude when evaluating for significance of X3? %3D %3D X3 is a significant predictor and should be kept in the model O X3 is not a significant predictor and should be dropped from the model There is not enough information provided to make any conclusions
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4GP
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