You run a linear regression model and you see that the t-statistic associated wi

Q: You run a linear regression model and you see that the t-statistic associated wi

Solution: Option(c): Is correct. I should reject the null hypothesis for the slope which means that the true slope is probably different than zero. Becauze p-value is too small as compared test statistics but not equal to zero.

ID: 3365892 • Letter: Y

Question

You run a linear regression model and you see that the t-statistic associated with the slope variable has a p-value of .00001. What is your reaction? O I can't conclude anything with such a small p-value. O l should reject the null hypothesis for the slope, which means that the true slope is probably zero. should reject the null hypothesis for the slope, which means that the true slope is probably different from zero. 0 I should accept the null hypothesis for the slope, which means that the true slope is probably zero.

Explanation / Answer

Solution:

Option(c): Is correct.

I should reject the null hypothesis for the slope which means that the true slope is probably different than zero.

Becauze p-value is too small as compared test statistics but not equal to zero.

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You run a linear regression model and you see that the t-statistic associated wi

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