How do you figure out if coefficients are statistically significant at a certain level?

Question

I have a table with regression statistics, cofficients, SE, t-stat, p-value, lower 85% and upper 95%.

 

I'm not even sure where to start.

 

1. I need to find statistical significance at 10%

2. I need to do a hypothesis test.

Answer 1

Hello,

 

When you're trying to determine statistical significance, the p-value is the most important number. For the regression to be significant, your p-value has to be below a certain criterion that you set beforehand. In this case, your criterion is 10% or p = 0.10. If your p-value is less than 0.10, then your regression is considered statistically significant. If your p-value is greater than or equal to 0.10, then your regression is considered to be non-significant.