Because tests for the significance of coefficients in regression use two-tail hypothesis tests, which are less powerful than one-tail tests, it might be a good idea to A.This is a moot point because coefficient significance is not really important B.Whine and complain about it to your work colleagues C.Live with a less powerful test for significance D.Cut the p-value in half, or compare it to alpha times 2 to increase the test's power E.All of the above F.None of the above

In Hypothesis Test, two tailed test describes two sided critical finding area based on sample size…

Answered: Because tests for the significance of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Because tests for the significance of coefficients in regression use two-tail hypothesis tests, which are less powerful than one-tail tests, it might be a good idea to

	A.	This is a moot point because coefficient significance is not really important
	B.	Whine and complain about it to your work colleagues
	C.	Live with a less powerful test for significance
	D.	Cut the p-value in half, or compare it to alpha times 2 to increase the test's power
	E.	All of the above
	F.	None of the above