As a rule-of-thumb, a parameter estimate is statistically different from zero when the absolute value of the t-statistic is:
A)zero.
B)less than one.
C)greater than or equal to one.
D)greater than or equal to two.

Question

Quizplus · Accepted Answer

A parameter estimate is typically considered statistically different from zero if the absolute value of the t-statistic is greater than or equal to two, indicating significance at common confidence levels.

As a Rule-Of-Thumb, a Parameter Estimate Is Statistically Different from Zero