For a Set of 30 Data Points, Excel Has Found $\beta$

question 103

Multiple Choice

For a set of 30 data points, Excel has found the estimated multiple regression equation to be = -8.61 + 22x₁ + 7x₂ + 28x₃, and has listed the t statistic for testing the significance of each regression coefficient. Using the 5% significance level for testing whether $\beta$ ₃ = 0, the critical region will be that the absolute value of the t statistic for $\beta$ ₃ is greater than or equal to:

• A) 2.056.
• B) 2.045.
• C) 1.703.
• D) 1.706.

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