PRMIA Exam 8007 Topic 3 Question 85 Discussion

Actual exam question for PRMIA's 8007 exam

Question #: 85
Topic #: 3

[All 8007 Questions]

A linear regression gives the following output:

Figures in square brackets are estimated standard errors of the coefficient estimates.

What is the value of the test statistic for the hypothesis that the coefficient of is less than 1?

A0.32

B0.64

C0.96

D1.92

Show Suggested Answer

Suggested Answer: B

by Amira at Sep 13, 2024, 11:20 PM

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Annice

1 months ago

I'm not sure, but I think the test statistic for the hypothesis should be greater than 1, so I would go with D) 1.92 as well.

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Jennifer

2 months ago

I disagree, I believe the correct answer is D) 1.92.

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Twana

2 months ago

Haha, this question is a real head-scratcher. I bet the professor is just trying to confuse us. But I'll go with D just to be safe.

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Hana

2 months ago

I think the answer is B) 0.64.

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Lynna

2 months ago

Hmm, the key seems to be figuring out the hypothesis being tested. Let's see, if the coefficient is less than 1, then the test statistic would be greater than 1. So, I'm going with D as well.

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Joni

1 months ago

Great, thanks for the explanation. I'll go with D) 1.92 as well.

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Caprice

2 months ago

So, the correct answer is D) 1.92.

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Francesco

2 months ago

Yeah, I agree. If the coefficient is less than 1, then the test statistic would be greater than 1.

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Tran

2 months ago

I think the test statistic for the hypothesis that the coefficient of is less than 1 is D) 1.92.

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Karrie

2 months ago

I think the answer is D. 1.92 seems like the correct test statistic value based on the information provided.

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Glory

1 months ago

I think it might be C) 0.96 instead.

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Louvenia

1 months ago

I agree, D) 1.92 seems like the correct test statistic value.

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