Solved

TABLE 14-8 A Financial Analyst Wanted to Examine the Relationship Between Salary

Question 128

Short Answer

TABLE 14-8
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 14-8 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 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. The p-value of the test is ________. ANOVA
TABLE 14-8 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 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. The p-value of the test is ________. TABLE 14-8 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 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. The p-value of the test is ________.
-Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X3. The p-value of the test is ________.

Correct Answer:

verifed

Verified

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

Related Questions

Q48: TABLE 14-5<br>A microeconomist wants to determine how

Q83: The total sum of squares (SST) in

Q87: TABLE 14-2<br>A professor of industrial relations believes

Q124: TABLE 14-12<br>As a project for his business

Q127: TABLE 14-5<br>A microeconomist wants to determine how

Q129: TABLE 14-7<br>The department head of the accounting

Q130: TABLE 14-15<br>The superintendent of a school district

Q131: TABLE 14-15<br>The superintendent of a school district

Q251: TABLE 14-15<br>The superintendent of a school district

Q296: TABLE 14-5<br>A microeconomist wants to determine how