2. COEFFICIENT Β1NULL HYPOTHESIS

5. - ECONOMETRICS FINAL EXAM FACTORS AFFECTING QUANTITY OF NEW CARS SOLD FOREIGN TRADE UNIVERSITY STUDENTS 5. - ECONOMETRICS FINAL EXAM FACTORS AFFECTING QUANTITY OF NEW CARS SOLD FOREIGN TRADE UNIVERSITY STUDENTS
ECONOMETRICS FINAL EXAM FACTORS AFFECTING QUANTITY OF NEW CARS SOLD FOREIGN TRADE UNIVERSITY STUDENTS

5.2. Coefficient β

1

Null hypothesis:

: β

1

=0

Alternative hypothesis: H

1

: β

1

≠ 0

From the chart above, we see:

We have:

, And p-value =

Moreover ,** means that the statistical significance of const equals to 5%

At 5% level of significance, we have enough evidence to reject

: β

1

=0

 β

1

has meaning in model