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:

Property Resources

Physical and intangible entities that generate economic value owned by individuals or companies.

Labor

The human effort, including both physical and mental work, used in the production of goods and services.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or business activity.

Output

The total amount of goods and services produced by a company, sector, or economy.