The Greater the Standard Error of an Estimated Coefficient

question 103

Multiple Choice

The greater the standard error of an estimated coefficient:

• A) the greater the t-value of the estimated coefficient.
• B) the lower the t-value of the estimated coefficient.
• C) the greater the R-square.
• D) the greater the adjusted R-square.

---

Definitions:

Representativeness Heuristic

A cognitive shortcut where people categorize situations or individuals based on how similar they are to typical cases or categories they know.

Prototypes

Original models or first forms from which subsequent forms are derived or developed; in psychology, widely accepted examples of a certain category.

Heuristic

A mental shortcut or rule of thumb that simplifies decision-making but may not always lead to optimal outcomes.

Framing

How information is presented affects how that information is perceived and influences decisions.