Instruction 13.24
A financial analyst wanted to examine the relationship between salary (in $1,000) and four variables: age (X1 = Age), experience in the field (X2 = Exper), number of degrees (X3 = Degrees) and number of previous jobs in the field (X4 = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output:
Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.24,the analyst wants to use a t test to test for the significance of the coefficient of X3.The p-value of the test is_____.
Definitions:
Angela's Meat & Poultry
A hypothetical or specific business name, possibly referring to a retailer, wholesaler, or producer of meat and poultry products.
Telemarketers
Individuals or companies that market goods or services over the telephone.
Introductory Subscription
An introductory subscription offers new subscribers access to a service at a reduced rate, encouraging them to try out the service before committing to standard pricing.
Median
An average of a group of values, computed by arranging the numbers in numerical order and finding the middle number.
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