Suppose you are testing the statistical significance (at the 1% significance level) of a parameter estimate from the regression model: M = a + bR + cIwhich is estimated using a cross-section data set on 22 firms. The critical value of the appropriate test statistic is
A. tcritical = 2.845.
B. Fcritical = 5.93.
C. tcritical = 2.861.
D. Fcritical = 19.44.
E. tcritical = -2.845.
Answer: C
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