Instruction 13 ANOVA Note: Adj R Square = Adjusted R Square; Std

Short Answer

Instruction 13.23
The Head of the Accounting Department wanted to see if she could predict the average grade of students using the number of course units (credits) and total university entrance exam scores of each. She takes a sample of students and generates the following Microsoft Excel output:
OUTPUT
SUMMARY
$\begin{array} { l l } \text { Regression Statistics } & \\ \text { MultipleR } & 0.916 \\ \text { R Square } & 0.839 \\ \text { Adj. R Square } & 0.732 \\ \text { Std. Error } & 0.24685 \\ \text { Observations } & 6 \end{array}$

ANOVA
$\begin{array} { l l l l l l } & d f & \text { SS } & \text { MS } & F & \text { Signiff } \\ \text { Regression } & 2 & 0.95219 & 0.47610 & 7.813 & 0.0646 \\ \text { Residual } & 3 & 0.18281 & 0.06094 & & \\ \text { Total } & 5 & 1.13500 & & & \\ & & & & & \\ & \text { Coeff } & \text { StdError } & t \text { Stat } & p \text { value } & \\ \text { Intercept } & 4.593897 & 1.13374542 & 4.052 & 0.0271 & \\ \text { GDP } & - 0.247270 & 0.06268485 & - 3.945 & 0.0290 & \\ \text { Price } & 0.001443 & 0.00101241 & 1.425 & 0.2494 & \end{array}$ Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.23,the Head of Department wants to use a t test to test for the significance of the coefficient of X₁.The p-value of the test is _____.