You run a linear regression model and you see that the t-statistic associated wi
ID: 3365892 • Letter: Y
Question
You run a linear regression model and you see that the t-statistic associated with the slope variable has a p-value of .00001. What is your reaction? O I can't conclude anything with such a small p-value. O l should reject the null hypothesis for the slope, which means that the true slope is probably zero. should reject the null hypothesis for the slope, which means that the true slope is probably different from zero. 0 I should accept the null hypothesis for the slope, which means that the true slope is probably zero.Explanation / Answer
Solution:
Option(c): Is correct.
I should reject the null hypothesis for the slope which means that the true slope is probably different than zero.
Becauze p-value is too small as compared test statistics but not equal to zero.