Exhibit 13-5 Below you are given a partial Excel output based on a sample of 25 observations. -Refer to Exhibit 13-5. Carry out the test of significance for the parameter $\beta$₁ at the 5% level. The null hypothesis should be A)rejected B)not rejected C)revised D)None of these alternatives is correct.

Question

Quizplus · Accepted Answer

The p-value for the test is 0.049, which is less than the 5% level of significance. Therefore, we reject the null hypothesis and conclude that there is evidence to suggest that the parameter F1S1β has a significant effect on the dependent variable.

Exhibit 13-5 Below You Are Given a Partial Excel Output β\betaβ

Exhibit 13-5
Below You Are Given a Partial Excel Output $\beta$