Below Is a Partial Multiple Regression Computer Output $\alpha$ = 05Calculate the T Statistic and State Your Conclusions

question 106

Essay

Below is a partial multiple regression computer output.
Test the usefulness of variable x₅ in the model at $\alpha$ = .05.Calculate the t statistic and state your conclusions.

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Definitions:

Regression Function

A mathematical equation that describes the relationship between one or more independent variables and a dependent variable.

Estimated Regression Line

The line that best fits a set of data points in linear regression, representing the expected value of the dependent variable for any given value of the independent variable.

Sales

The activities and processes involved in selling goods or services to consumers or businesses.

Sample Correlation Coefficient

A statistical measure that quantifies the strength and direction of the linear relationship between two quantitative variables in a sample.