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    Business Statistics in Practice Study Set 1
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    Exam 12: Multiple Regression and Model Building
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    Test the Usefulness of Variable X5 in the Model at Alpha
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Test the Usefulness of Variable X5 in the Model at Alpha

Question 54

Question 54

Essay

Test the usefulness of variable x5 in the model at alpha = .05.Calculate the t statistic and state your conclusions.

Correct Answer:

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t = 22.32/3.60 = 6.2.We reject...

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