Question

Please answer true / false / uncertain to the statement and EXPLAIN THE ANSWER.

Assume a regression coefficient has a p-value of 0.02. Then, at 95% confidence we reject the hypothesis that the true parameter is zero. However, at 99% confidence we accept the same hypothesis.

Answer #1

Ans : TRUE

(If the P-value < alpha, we reject H0 otherwise we accept H0)

At 99% confidence, alpha=0.01.

P-value=0.02 >0.01=alpha.

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