(c) The predictors that were found to have significant coefficients from the t tests are the same ones that are significant from using the p-values. O True O False (d) When checking for significance, most prefer the p-value approach because O The p-value actually tells the strength of the significance. O It is easier than looking up a critical value for the t statistic.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section1.1: Real Numbers
Problem 30E
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(c) The predictors that were found to have significant coefficients from the ttests are the same ones that are significant from using the
p-values.
O True
O False
(d) When checking for significance, most prefer the p-value approach because
O The p-value actually tells the strength of the significance.
O It is easier than looking up a critical value for the t statistic.
Transcribed Image Text:(c) The predictors that were found to have significant coefficients from the ttests are the same ones that are significant from using the p-values. O True O False (d) When checking for significance, most prefer the p-value approach because O The p-value actually tells the strength of the significance. O It is easier than looking up a critical value for the t statistic.
B
Salaries for 39 Engineers Employed by the Solnar Company
B
9
0
1
12
83
34
35
36
37
Salary ($1000)
48
50
52
54
56
59
59
59
59
60
65
65
67
70
78
86
88
89
90
95
95
96
97
100
102
110
115
118
120
124
125
125
128
130
130
38
39
40
41
42
43
44
130
131
134
134
Years
1
1
1
1
2
5
2
2
4
7
3
4344
10
10
7
14
10
15
15
10
14
13
13
25
34
30
25
19
18
32
19
20
18
20
32
35
YearsSq
1
1
1
1
4
25
4
4
16
49
9
16
9
16
16
100
100
49
196
100
225
225
100
196
169
169
625
1156
900
625
361
324
1024
361
400
324
400
1024
1225
Male
0
0
1
1
0
0
1
1
1
0
0
0
1
1
0
1
1
0
1
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Years x Male
0
0
1
1
0
0
2
2
4
0
0
0
3
4
4
0
10
7
0
10
0
15
10
14
13
13
25
34
30
25
19
18
32
19
20
18
20
32
35
Leaming
Copyright 2019
by
The McGraw-Hill Companies
This spreadsheet is intended solely
for educational purposes by
licensed users of Connect
Note: The binary variable Male is 1 if
the engineer is male, 0 otherwise
Transcribed Image Text:B Salaries for 39 Engineers Employed by the Solnar Company B 9 0 1 12 83 34 35 36 37 Salary ($1000) 48 50 52 54 56 59 59 59 59 60 65 65 67 70 78 86 88 89 90 95 95 96 97 100 102 110 115 118 120 124 125 125 128 130 130 38 39 40 41 42 43 44 130 131 134 134 Years 1 1 1 1 2 5 2 2 4 7 3 4344 10 10 7 14 10 15 15 10 14 13 13 25 34 30 25 19 18 32 19 20 18 20 32 35 YearsSq 1 1 1 1 4 25 4 4 16 49 9 16 9 16 16 100 100 49 196 100 225 225 100 196 169 169 625 1156 900 625 361 324 1024 361 400 324 400 1024 1225 Male 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 1 1 0 1 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Years x Male 0 0 1 1 0 0 2 2 4 0 0 0 3 4 4 0 10 7 0 10 0 15 10 14 13 13 25 34 30 25 19 18 32 19 20 18 20 32 35 Leaming Copyright 2019 by The McGraw-Hill Companies This spreadsheet is intended solely for educational purposes by licensed users of Connect Note: The binary variable Male is 1 if the engineer is male, 0 otherwise
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