Consider the estimated equation from your textbook =698.9 - 2.28 STR,R2 = 0.051,SER = 18.6 (10.4)(0.52)
The t-statistic for the slope is approximately
A)4.38
B)67.20
C)0.52
D)1.76

Question

Consider the estimated equation from your textbook  =698.9 - 2.28  STR,R2 = 0.051,SER = 18.6 (10.4)(0.52)
The t-statistic for the slope is approximately
A)4.38 
B)67.20 
C)0.52 
D)1.76

Quizplus · Accepted Answer

The t-statistic for the slope is calculated as the coefficient divided by its standard error, which in this case is -2.28 divided by 0.52, resulting in approximately -4.38. Since the t-distribution is symmetric, we take the absolute value of this result to arrive at a t-statistic of approximately 4.38. Therefore, the correct answer is A) 4.38.

Consider the Estimated Equation from Your Textbook =698