The t statistic for the independent variable Is statisticall

The t statistic for the independent variable: Is statistically significant at less than 5% risk At 11.46, is statistically significant At 52.78, is too large to be statistically significant Lies somewhere between 6.49 and 7.063

Solution

Sol)

If t cal < t criticalvalue at alphat is 5% then we accept the null hypothesis.

If t cal > t criticalvalue at alphat is 5% then we reject the null hypothesis.