In the game plan for model building on your multiple regression project, which of the following is true about the test that dete
rmines whether the interaction term(s) is/are significant in predicting y? A. It will definitely be a t-test
B. It will either be a t-test or a best subset for partial) F-test depending on whether we kept or dropped the quadratic terms
C. It will definitely be a partial F-test
D. It will definitely be a global
T-test is a type of inferential statistic test which used to determine whether there is a significant difference between mean of two group sets or variables.The t-test technique is widely used in hypothesis testing in statistics. When the model building for game play is determine through regression analysis, it will require t-test to be conducted to reach a conclusion.
First, you need to figure out how much was profit. Multiply 300k by .05, which should give you 15,000. Then, subtract 15,000 from 300k to get 285k. hope this helps
