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Test Statistics from Computer Generated Regression Model

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Using observations on each variable, a computer program generated the following multiple regression model:

If the standard errors of the coefficients of the independent variables are, respectively,
and ,
can you conclude that the independent variable is needed in the regression model?
Let and denote the coefficients of the variables in this model, and use a two-sided hypothesis test and significance level of to determine your answer.
Carry your intermediate computations to at least three decimal places and round your answers as specified in the table.

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Solution Summary

The test statistic from a computer generated regression model is analyzed. The intermediate computations to at least three decimal places is given.

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