6 Answer Question 27-30 based on the information given below: 14.3113 +0.5711X r² = ( ) se = ( ) (1.7721) n = 45 t = (11.1688) ( ) RSS 27. Where Y, is the Gross National Product ($, in billions) and X, is the money supply ($, in billions) What is the standard error for the intercept (b₁)? 28. A. 3.2362 B. 1.2814 29. C. 0.3223 D. 0.0362 CONFIDENTIAL 30. CONFIDENTIAL = 17.8922; TSS = 170.4713 What is the t-statistics for the slope coefficient (b₂)? A. 3.2362 B. 1.2814 C. 0.3223 D. 0.0362 5/10 A. 0.8551 and +0.9247 B. 0.8950 and +0.9461 C. 0.9488 and ±0.9740 D. 0.9961 and 10.9981 5/10 BT22203 What is the coefficent of determination and coefficient of correlation for the regression model? BT22203 A. Yes, because absolute value of t-statistics is larger than t-critical B. Yes, because absolute value of t-statistics is smaller than t-critical C. No, because absolute value of t-statistics is larger than t-critical D. No, because absolute value of t-statistics is smaller than t-critical At 5 percent significance level, does the money supply (X) is statistically significant in explaining the movement of the Gross National Product (Y)?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 40E
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Question
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6
Answer Question 27-30 based on the information given below:
Y 14.3113 + 0.5711X₁
r² = ( )
) (1.7721)
n = 45
se = (
t
(11.1688) (
)
RSS
17.8922; TSS = 170.4713
Where Y, is the Gross National Product ($, in billions) and X, is the money supply ($, in billions)
27. What is the standard error for the intercept (b,)?
A. 3.2362
B. 1.2814
C. 0.3223
D. 0.0362
28.
CONFIDENTIAL
What is the t-statistics for the slope coefficient (b₂)?
A. 3.2362
B. 1.2814
C. 0.3223
D. 0.0362
CONFIDENTIAL
29.
30.
A. 0.8551 and ±0.9247
B. 0.8950 and +0.9461
5/10
C. 0.9488 and +0.9740
D. 0.9961 and ±0.9981
5/10
What is the coefficent of determination and coefficient of correlation for the regression
model?
BT22203
BT22203
A. Yes, because absolute value of t-statistics is larger than t-critical
B. Yes, because absolute value of t-statistics is smaller than t-critical
C. No, because absolute value of t-statistics is larger than t-critical
D. No, because absolute value of t-statistics is smaller than t-critical
At 5 percent significance level, does the money supply (X) is statistically significant in
explaining the movement of the Gross National Product (Y)?
Transcribed Image Text:6 Answer Question 27-30 based on the information given below: Y 14.3113 + 0.5711X₁ r² = ( ) ) (1.7721) n = 45 se = ( t (11.1688) ( ) RSS 17.8922; TSS = 170.4713 Where Y, is the Gross National Product ($, in billions) and X, is the money supply ($, in billions) 27. What is the standard error for the intercept (b,)? A. 3.2362 B. 1.2814 C. 0.3223 D. 0.0362 28. CONFIDENTIAL What is the t-statistics for the slope coefficient (b₂)? A. 3.2362 B. 1.2814 C. 0.3223 D. 0.0362 CONFIDENTIAL 29. 30. A. 0.8551 and ±0.9247 B. 0.8950 and +0.9461 5/10 C. 0.9488 and +0.9740 D. 0.9961 and ±0.9981 5/10 What is the coefficent of determination and coefficient of correlation for the regression model? BT22203 BT22203 A. Yes, because absolute value of t-statistics is larger than t-critical B. Yes, because absolute value of t-statistics is smaller than t-critical C. No, because absolute value of t-statistics is larger than t-critical D. No, because absolute value of t-statistics is smaller than t-critical At 5 percent significance level, does the money supply (X) is statistically significant in explaining the movement of the Gross National Product (Y)?
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