A study has recently been conducted by a major computer magazine publisher in which the objective was to develop a multiple regression model to explain the variation in price of personal computers.Three independent variables were used.The following computer printout shows the final output.However,several values are omitted from the printout. Given this information,the calculated test statistic for the regression slope coefficient on the variable RAM,is approximately 1.54.

Question

A study has recently been conducted by a major computer magazine publisher in which the objective was to develop a multiple regression model to explain the variation in price of personal computers.Three independent variables were used.The following computer printout shows the final output.However,several values are omitted from the printout.  Given this information,the calculated test statistic for the regression slope coefficient on the variable RAM,is approximately 1.54.

Quizplus · Accepted Answer

The t-value for the variable RAM is provided in the table as 1.54, which indicates the calculated test statistic for the regression slope coefficient on the variable RAM. Therefore, the statement is true.

A Study Has Recently Been Conducted by a Major Computer