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For the Situation Above, Give a Practical Interpretation Of t=6.67t = 6.67

Question 35

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For the situation above, give a practical interpretation of t=6.67t = 6.67 .


A) There is evidence (at α=.05\alpha = .05 ) to indicate that β1=0\beta _ { 1 } = 0 .
B) There is evidence (at α=.05\alpha = .05 ) of at least a positive linear relationship between SALARY and GMAT.
C) We estimate SALARY to increase $6.67\$ 6.67 for every 1 -point increase in GMAT.
D) Only 6.67%6.67 \% of the sample variation in SALARY can be explained by using GMAT in a straight-line model.

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