Question

Round answers in this question to 4 decimal places.
In a regression, the estimate of the slope coefficient is 33.33 and the standard error for the slope coefficient is 16.04, with 47 df.

A) Calculate the test statistic:_____

B) Calculate the p-value:_____
C) Under usual circumstances, should we continue to include the relevant variable in the regression? Pick one of the following:

Yes because x and y are moderately correlated

No because the p-value is greater than .05

No because the p-value is less than .05

Yes because the p-value is less than .05

Yes because the p-value is greater than .05

No because the R^2 will be lower with the variable included

Yes because the R^2 will be higher with the variable included

Answer 1