Use the following information from a multiple regression analysis:
n = 25
b1 = 5
b2 = 10
Sb1 = 2
Sb2 = 8
a. Which variable has the largest slope, in units of a t statistic?
b. Construct a 95% confidence interval estimate of the population slope, β1.
c. At the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the independent variables to include in this model.