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Exhibit 16-1 In a Regression Analysis Involving 25 Observations, the Following Estimated

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Exhibit 16-1
In a regression analysis involving 25 observations, the following estimated regression equation was developed. Exhibit 16-1 In a regression analysis involving 25 observations, the following estimated regression equation was developed.   = 10 - 18x<sub>1</sub> + 3x<sub>2</sub> + 14x<sub>3</sub> Also, the following standard errors and the sum of squares were obtained.S<sub>b1</sub> = 3 S<sub>b2</sub> = 6 S<sub>b3</sub> = 7 SST = 4,800 SSE = 1,296 -Refer to Exhibit 16-1. The coefficient of x<sub>1</sub> A) is significant B) is not significant C) cannot be tested, because not enough information is provided D) None of these alternatives is correct. = 10 - 18x1 + 3x2 + 14x3
Also, the following standard errors and the sum of squares were obtained.Sb1 = 3 Sb2 = 6 Sb3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 16-1. The coefficient of x1


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