Determine the T-Statistic of the Estimated Slope Coefficient for Disposable

question 148

Multiple Choice

Determine the t-statistic of the estimated slope coefficient for disposable income (point G) and whether that estimated slope coefficient is statistically significant at the 5 percent level. RY

$\begin{array}{l}\hline \text { gression Statistics }\\\begin{array}{lr}\hline\text { R } & 0.971 \\\text { e} & \mathbf{A} \\\text { R-Square }& \mathbf{B} \\\text { Error } &30.462\\\text { ions } & 51\\\hline\end{array}\end{array}$


$\begin{array}{rrrrrr}\hline&\text { df } & {\text { SS }} & {\text { MS }} & \boldsymbol{F} & {\text { Signiticance F}} \\\hline\text { on }& \text { C } & 747851.57 & 373925.79 & 402.98 & 9.89 \mathrm{E}-31 \\&48 & \text { D } & 927.91 & & \\&50 & 792391.11 & & & \\\hline\end{array}$


$\begin{array}{lrrrrrr}\hline &\text { Coefficients } & \begin{array}{c}\text { Standard } \\\text { Error }\end{array} &{\text { t Stat }} & \text { P-value } & \text { Lower 95\% } & \text { Upper 95\% } \\\hline &\mathbf{E} & 62.13 & 26.79 & 1.60 \mathrm{E}-30 & 1539.66 & 1789.51 \\\text { Roses }&-6.68 & \mathbf{F} & -1.41 & 1.64 \mathrm{E}-01 & -16.16 & 2.81 \\\text { le Income }&9.73 & 0.34 & \mathbf{G} & 1.23 \mathrm{E}-31 & 9.04 & 10.42\\\hline\end{array}$

• A) 3.31 and statistically significant since the t-statistic is greater than 2 in absolute value.
• B) 0.03 and statistically insignificant since the t-statistic is less than 2 in absolute value.
• C) 3.31 and statistically insignificant since the P-value is less than 5 percent.
• D) 28.62 and statistically significant since the P-value is less than 5 percent.

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A bend in layers of rock or earth's crust caused by stress, resulting in curved or bent strata.