Solved

TABLE 17-3 A Financial Analyst Wanted to Examine the Relationship Between Salary

Question 242

Short Answer

TABLE 17-3
A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X1 = Age),experience in the field (X2 = Exper),number of degrees (X3 = Degrees),and number of previous jobs in the field (X4 = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.The value of the test statistic is ________. ANOVA TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.The value of the test statistic is ________. TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.The value of the test statistic is ________.
-Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X3.The value of the test statistic is ________.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q19: An investor wanted to forecast the price

Q143: A survey claims that 9 out of

Q237: TABLE 17-12<br>The marketing manager for a nationally

Q239: TABLE 17-8<br>The superintendent of a school district

Q240: True or False: Data were collected on

Q241: TABLE 17-5<br>You worked as an intern at

Q243: TABLE 17-10<br>Given below are results from the

Q244: TABLE 17-1<br>A real estate builder wishes to

Q246: TABLE 17-8<br>The superintendent of a school district

Q247: TABLE 17-3<br>A financial analyst wanted to examine