Answer:
False
Step-by-step explanation:
From the question we are told that
The coefficient for the training is [tex]r = 0.55[/tex]
The standard error is [tex]SE = 1.06[/tex]
The confidence level is 95%
Generally the level of significant is mathematically represented as
[tex]\alpha =( 100 -95)\%[/tex]
=> [tex]\alpha = 0.05 [/tex]
Generally the critical value of [tex]\alpha = 0.05 [/tex] obtained from the normal distribution table is [tex]Z_{0.05} = 1.645[/tex]
Generally the test statistics is mathematically represented as
[tex]t = \frac{r }{SE}[/tex]
=> [tex]t = \frac{0.55}{1.06}[/tex]
=> [tex]t = 0.5189 [/tex]
Generally given that the [tex]t < Z_{\alpha }[/tex]
Hence there is no sufficient evidence to conclude that the program has a positive and statistically significant impact on wages at a 95% confidence level.
So the answer is False
