Exhibit 13-9
In a regression analysis involving 25 observations, the following estimated regression equation was developed.
$\hat { Y }$ =10 - 18X1+3X2+14X3
Also, the following standard errors and the sum of squares were obtained.
Sb₁ = 3 Sb2 = 6 Sb3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 13-9. The p-value for testing the significance of the regression model is
A) less than 0.01
B) between 0.01 and 0.025
C) between 0.025 and 0.05
D) between 0.05 and 0.1

Question

Exhibit 13-9
In a regression analysis involving 25 observations, the following estimated regression equation was developed.
 $\hat { Y }$ =10 - 18X1+3X2+14X3
Also, the following standard errors and the sum of squares were obtained.
Sb₁ = 3 Sb2 = 6 Sb3 = 7
SST = 4,800 SSE = 1,296
-Refer to Exhibit 13-9. The p-value for testing the significance of the regression model is
A) less than 0.01
B) between 0.01 and 0.025
C) between 0.025 and 0.05
D) between 0.05 and 0.1

Quizplus · Accepted Answer

The p-value for testing the significance of the regression model is less than 0.01 because the F-statistic is 10.24 and the p-value is 0.0004.

Exhibit 13-9 in a Regression Analysis Involving 25 Observations, the Following

Exhibit 13-9
in a Regression Analysis Involving 25 Observations, the Following