When a regression coefficient is significant at the .05 level, it means that there is only a five percent chance that there will be an error in a forecast. there is 95 percent chance that the regression coefficient is the true population coefficient. there is a five percent chance or less that the estimated coefficient is zero. there is a five percent chance or less that the regression coefficient is not the true population coefficient.
When a regression coefficient is significant at the .05 level, it means that there is only a five percent chance that there will be an error in a forecast. there is 95 percent chance that the regression coefficient is the true population coefficient. there is a five percent chance or less that the estimated coefficient is zero. there is a five percent chance or less that the regression coefficient is not the true population coefficient.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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When a regression coefficient is significant at the .05 level, it means that
there is only a five percent chance that there will be an error in a forecast.
there is 95 percent chance that the regression coefficient is the true population coefficient.
there is a five percent chance or less that the estimated coefficient is zero.
there is a five percent chance or less that the regression coefficient is not the true population coefficient.
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