Below you are given a partial output based on a sample of 25 observations.
Coefficient |
Standard Error |
|
Intercept |
145.321 |
48.682 |
x1 |
25.625 |
9.150 |
x2 |
-5.720 |
3.575 |
x3 |
0.823 |
0.183 |
Carry out the significance test of variable x1 at the 5% level. The null hypothesis should be
rejected, and so variable x1 is significant |
|
not rejected, and so variable x1 is not significant |
|
not rejected, and so variable x1 is significant |
|
rejected, and so variable x1 is not significant |
Answer:-
The null hypothesis should be rejected, and so variable x1 is significant
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