Exhibit 13-6
Below You Are Given a Partial Computer Output $\beta$

question 30

Multiple Choice

Exhibit 13-6
Below you are given a partial computer output based on a sample of 16 observations.

-Refer to Exhibit 13-6. We want to test whether the parameter $\beta$ ₁ is significant. The test statistic equals

• A)-1.4
• B)1.4
• C)3.6

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Definitions:

Southern Cities

Urban centers in the southern part of the United States, often characterized by their unique cultural, historical, and economic attributes.

Physicians

Medical professionals who diagnose and treat illnesses, offer medical advice and care to patients, and may specialize in various fields of medicine.

Redeemers

Post–Civil War Democratic leaders who supposedly saved the South from Yankee domination and preserved the primarily rural economy.

Convict Labor

The practice of using prisoners for work, often in hard or skilled labor, historically utilized to build infrastructure, in private enterprises, or as a form of punishment.