What Is the Critical Value? the Summary Statistics for a Certain

Multiple Choice

What is the critical value? The summary statistics for a certain set of points are: $n = 16 , s _ { \mathrm { e } } = 2.638$ , $\sum ( x - \bar { x } ) ^ { 2 } = 17.094$ , and $b _ { 1 } = 1.408$ . Assume the conditions of the linear model hold. A $99 \%$ confidence interval for $\beta _ { 1 }$ will be constructed.

A) 2.947
B) 2.624
C) 2.602
D) 2.977