Exhibit 16-1
in a Regression Analysis Involving 25 Observations, the Following

question 8

Multiple Choice

Exhibit 16-1
In a regression analysis involving 25 observations, the following estimated regression equation was developed. Also, the following standard errors and the sum of squares were obtained.
S_b1 = 3
S_b2 = 6
S_b3 = 7
SST = 4,800
SSE = 1,296
-Refer to Exhibit 16-1. If you want to determine whether or not the coefficients of the independent variables are significant, the critical value of t statistic at $\alpha$ = 0.05 is

• A)2.080
• B)2.060
• C)2.064
• D)1.96

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