You use a dataset with 538 observations to run a simple linear regression. You find that the coefficient estimate is 3.258 and that the standard error of the coefficient estimate is 1.794. What is the lower end of the 98% confidence interval (of a two- sided test)? (you need to write a number that is rounded to the fourth digit after the decimal).
You use a dataset with 538 observations to run a simple linear regression. You find that the coefficient estimate is 3.258 and that the standard error of the coefficient estimate is 1.794. What is the lower end of the 98% confidence interval (of a two- sided test)? (you need to write a number that is rounded to the fourth digit after the decimal).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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