Problem

Verify that if each xi is multiplied by a positive constant c and each yi is multiplied...

Verify that if each xi is multiplied by a positive constant c and each yi is multiplied by another positive constant d, the t statistic for testing H0 = β1 = 0 versus Ha = β1 ≠ 0 is unchanged in value (the value of is not by itself indicative of model utility).

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