As with the T-Statistic in Linear Regression, the Z-Statistic Is

question 15

Multiple Choice

As with the t-statistic in linear regression, the z-statistic is used in logistic regression, but what does the value tell the researcher?

• A) Whether the b coefficient for variable X (i.e. gradient) is significantly different from 0 or not
• B) Whether the b coefficient for variable X (i.e. gradient) is significantly different from 1 or not
• C) Whether the b coefficient for variable Y (i.e. gradient) is significantly different from 0 or not
• D) Whether the b coefficient for variable Y (i.e. gradient) is significantly different from 1 or not

---

Definitions:

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period, typically showing a downward slope from left to right.

Supply of Money

The total value of money available in an economy at a specific time, including cash, coins, and balances in bank accounts.

Tight Monetary Policy

A monetary policy strategy used by central banks to decrease the money supply and increase interest rates to control inflation and stabilize the currency.

Net Exports

The value of a country's total exports minus the value of its total imports. It is a component of a country’s GDP.