Exhibit 15-6
Below You Are Given a Partial Excel Output $\beta$

question 72

Multiple Choice

Exhibit 15-6
Below you are given a partial Excel output based on a sample of 16 observations.
-Refer to Exhibit 15-6. Carry out the test of significance for the parameter $\beta$ ₁ at the 1% level. The null hypothesis should be

• A)rejected
• B)not rejected
• C)revised
• D)None of these alternatives is correct.

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Definitions:

Economic Contributions

The value or services provided by individuals or entities to the overall economy, impacting growth and stability.

Everyday Problem-solving

Refers to practical thinking processes which individuals employ to navigate day-to-day challenges and tasks efficiently.

Abstract Thinking

The ability to think about objects, principles, and ideas that are not physically present.

Analytic Intelligence

Refers to the ability to analyze, evaluate, judge, compare, and contrast information, often considered one of the components of generalized intelligence.