SCENARIO 14-4
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, which of the following values for the level of significance is the
Smallest for which the regression model as a whole is significant?
A) 0.0005
B) 0.001
C) 0.01
D) 0.05

Question

SCENARIO 14-4  
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, which of the following values for the level of significance is the
Smallest for which the regression model as a whole is significant?
A) 0.0005 
B) 0.001 
C) 0.01 
D) 0.05

Quizplus · Accepted Answer

The smallest level of significance for which the regression model is significant is the one that is just below the p-value of the F-statistic for the overall model. Since 0.0005 is the smallest option provided, it would be the smallest level of significance for which the model is significant.