Assume you run a ordinary least square regression and observe a p-value of 0.001 for an estimated coefficient. Based on this p-value, you can conclude: Question 11 options: The estimated coefficient is statistically significant at the 5% level The estimated coefficient is statistically significant at the 1% level The estimated coefficient is statistically significant at the 10% level The estimated coefficient is not statistically significan
Assume you run a ordinary least square regression and observe a p-value of 0.001 for an estimated coefficient. Based on this p-value, you can conclude: Question 11 options: The estimated coefficient is statistically significant at the 5% level The estimated coefficient is statistically significant at the 1% level The estimated coefficient is statistically significant at the 10% level The estimated coefficient is not statistically significan
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4: Estimating Demand
Section: Chapter Questions
Problem 4E
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Assume you run a ordinary least square regression and observe a p-value of 0.001 for an estimated coefficient. Based on this p-value, you can conclude: Question 11 options:
The estimated coefficient is statistically significant at the 5% level
The estimated coefficient is statistically significant at the 1% level
The estimated coefficient is statistically significant at the 10% level
The estimated coefficient is not statistically significant
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