We want to test whether or not the addition of 3 variables to a model will be statistically significant. You are given the following information based on a sample of 25 observations. SSE = 725
SSR = 526
The equation was also estimated including the 3 variables. The results are SSE = 520
SSR = 731
a.State the null and alternative hypotheses.
b.Test the null hypothesis at the 5% level of significance.

Question

We want to test whether or not the addition of 3 variables to a model will be statistically significant. You are given the following information based on a sample of 25 observations.  SSE = 725
SSR = 526
The equation was also estimated including the 3 variables. The results are  SSE = 520
SSR = 731 
a.State the null and alternative hypotheses.
b.Test the null hypothesis at the 5% level of significance.

Quizplus · Accepted Answer

The Answer of We want to test whether or not the addition of 3 variables to a model will be statistically significant. You are given the following information based on a sample of 25 observations.  SSE = 725
SSR = 526
The equation was also estimated including the 3 variables. The results are  SSE = 520
SSR = 731 
a.State the null and alternative hypotheses.
b.Test the null hypothesis at the 5% level of significance.

We Want to Test Whether or Not the Addition of 3