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Mathematics, 30.11.2019 01:31 djcloverman3593

Verify that if each xi is multiplied by a positive constant c and each yi is multiplied by another positive constant d, the t statistic for testing h0: b1 5 0 versus ha: b1 ± 0 is unchanged in value (the value of bˆ 1 will change, which shows that the magnitude of bˆ 1 is not by itself indicative of model utility).

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