Consider the Following Partial Computer Output for a Multiple Regression

question 26

Short Answer

Consider the following partial computer output for a multiple regression model. $\begin{array} { l l l } \text { Predictor } & \text { Coefficient } \left( \mathrm { b } _ { \mathrm { i } } \right) & \text { Standard Dev } \left( \mathrm { s } _ { \mathrm { b } } \right) \\\text { Constant } & 99.3883 & \\\text { X1 } & - 0.007207 & 0.0031 \\\mathrm { X } 2 & 0.0011336 & 0.00122 \\\mathrm { X } 3 & 0.9324 & 0.373\end{array}$
The calculated value of the t statistic for X1 is ________.

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Definitions:

Hypothetical Thought

Reasoning that includes propositions and possibilities that may not reflect reality.

Analytic Thought

Thought that results from analysis, such as a systematic ranking of pros and cons, risks and consequences, possibilities and facts. Analytic thought depends on logic and rationality.

Intuitive Thought

Thought that arises from an emotion or a hunch beyond rational explanation, and is influenced by past experiences and cultural assumptions.

Egocentrism

Piaget’s term for children’s tendency to think about the world entirely from their own personal perspective.