Difference between revisions of "T-Statistic"
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| − | T-Statistic | + | The T-statistic is telling us that a coefficient is statistically different from 0 and that therefore a relation exists. The T-Statistic is said to be statistically different from 0 depending on the confidence interval. For a 95% confidence interval T should be < 1.96 or > 1.96. |
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| + | The T-Statistic is equal to the coefficient divided by the [[Standard error|Standard error]] | ||
[[Category:mbi]] | [[Category:mbi]] | ||
[[Category:Term]] | [[Category:Term]] | ||
Latest revision as of 20:03, 27 August 2020
The T-statistic is telling us that a coefficient is statistically different from 0 and that therefore a relation exists. The T-Statistic is said to be statistically different from 0 depending on the confidence interval. For a 95% confidence interval T should be < 1.96 or > 1.96.
The T-Statistic is equal to the coefficient divided by the Standard error