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Inspection of the Following Table of T Values for Variables

question 18

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Inspection of the following table of t values for variables in a multiple regression analysis reveals that the first independent variable entered by the forward selection procedure will be ___________. yx1x2x3x4x5y1x10.16611x20.2318490.517281x30.4235220.222640.007341x40.332270.0289570.498690.2605861x50.1997960.204670.0789160.2074770.0238391\begin{array} { | l | r | r | r | r | r | r | } \hline & y & x _ { 1 } & x _ { 2 } & x _ { 3 } & x _ { 4 } & x _ { 5 } \\\hline y & 1 & & & & & \\\hline x _ { 1 } & - 0.1661 & 1 & & & & \\\hline x _ { 2 } & 0.231849 & - 0.51728 & 1 & & & \\\hline x _ { 3 } & 0.423522 & - 0.22264 & - 0.00734 & 1 & & \\\hline x _ { 4 } & - 0.33227 & 0.028957 & - 0.49869 & 0.260586 & 1 & \\\hline x _ { 5 } & 0.199796 & - 0.20467 & 0.078916 & 0.207477 & 0.023839 & 1 \\\hline\end{array}


Definitions:

Common-value Auction

An auction format where the item for sale has a value that is essentially the same for all bidders, but the bidders may have different information about that value.

Oral Auctions

Auctions where bids are made verbally, allowing for real-time, competitive bidding among participants.

Reveal Information

The act of making previously unknown or secret information known to others.

Common Value Auctions

Auctions in which the item for sale has a single, unknown value to all bidders, leading to challenges in valuing the item correctly.

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