Scenario 2: Below is a multiple regression in which the dependent variable is market value of houses and the independent variables are the age of the house and square footage of the house. The regression was estimated for 42 houses.

-Refer to Scenario 2.By examining the t-statistics associated with the regression coefficients,at the 5 percent significance level,which of the two independent variables are statistically different from zero?

Question

Scenario 2: Below is a multiple regression in which the dependent variable is market value of houses and the independent variables are the age of the house and square footage of the house. The regression was estimated for 42 houses.
 
-Refer to Scenario 2.By examining the t-statistics associated with the regression coefficients,at the 5 percent significance level,which of the two independent variables are statistically different from zero?

Quizplus · Accepted Answer

The Answer of Scenario 2: Below is a multiple regression in which the dependent variable is market value of houses and the independent variables are the age of the house and square footage of the house. The regression was estimated for 42 houses.
 
-Refer to Scenario 2.By examining the t-statistics associated with the regression coefficients,at the 5 percent significance level,which of the two independent variables are statistically different from zero?

Scenario 2: Below Is a Multiple Regression in Which the Dependent