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Test if the independent variable is significant in the model at a significance level of 99

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Final answer:

To test the significance of an independent variable, compare the p-value to the significance level. If the p-value is less than the significance level, the independent variable is considered significant.

Step-by-step explanation:

Test if the independent variable is significant in the model at a significance level of 99



In order to test the significance of an independent variable, you need to compare the p-value to the significance level. If the p-value is less than the significance level, then the independent variable is considered significant. In this case, the p-value is 0.0113 and the significance level is 0.01, so the independent variable is significant.

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