A local parent group was concerned with the increasing cost of school for families with school aged children.The parent group was interested in understanding the relationship between the academic grade level for the child and the total costs spent per child per academic year.They performed a multiple regression analysis using total cost as the dependent variable and academic year (x1) as the independent variables.The multiple regression analysis produced the following tables. Using = 0.05 to test the null hypothesis H0: 2 = 0, the critical t value is ____.
A) ± 1.311
B) ± 1.699
C) ± 1.703
D) ± 2.052
E) ± 2.502
Correct Answer:
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