The Accompanying Table Shows the Regression Results When Estimating Y

question 23

Multiple Choice

The accompanying table shows the regression results when estimating y = β₀ + β₁x + ε. Is x significantly related to y at the 5% significance level?

• A) Yes, because the p-value of 0.0745 is greater than 0.05.
• B) No, because the p-value of 0.0745 is greater than 0.05.
• C) Yes, because the slope coefficient of 1.417 is less than the test statistic of 2.25.
• D) No, because the slope coefficient of 1.417 is less than the test statistic of 2.25.

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Definitions:

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