Difference between revisions of "T-Statistic"

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T-Statistic
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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