Which is not correct regarding the estimated slope of the OLS regression line?
A)It is divided by its standard error to obtain its t statistic.
B)It shows the change in Y for a unit change in X.
C)It is chosen so as to minimize the sum of squared errors.
D)It may be regarded as zero if its p-value is less than α.

Question

Quizplus · Accepted Answer

The estimated slope of the OLS regression line cannot be regarded as zero if its p-value is less than α. This is because a p-value less than α indicates that the slope is statistically significant, and therefore cannot be considered to be equal to zero.

Which Is Not Correct Regarding the Estimated Slope of the OLS