Solved

Conduct a Test to Determine If the Predictor Variables Are α\alpha

Question 33

Multiple Choice

Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at α\alpha = 0.05.  Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at  \alpha  = 0.05.   A)  P(F<sub>1,18</sub>)   \ge  57.737, p-value is less than  \alpha  = 0.05, we reject H<sub>0</sub>, but jointly significant in explaining earnings. B)  P(F<sub>1,19</sub>)   \ge  60.945, p-value is less than  \alpha  = 0.05, we accept H<sub>0</sub>, but jointly significant in explain earnings. C)  P(F<sub>1,18</sub>)   \ge  57.737, p-value is less than  \alpha  = 0.05, we accept H<sub>0</sub>, but jointly significant in explaining earnings. D)  P(F<sub>1,19</sub>)   \ge  60.945, p-value is less than  \alpha  = 0.05, we reject H<sub>0</sub>, jointly do not explain earnings.


A) P(F1,18) \ge 57.737, p-value is less than α\alpha = 0.05, we reject H0, but jointly significant in explaining earnings.
B) P(F1,19) \ge 60.945, p-value is less than α\alpha = 0.05, we accept H0, but jointly significant in explain earnings.
C) P(F1,18) \ge 57.737, p-value is less than α\alpha = 0.05, we accept H0, but jointly significant in explaining earnings.
D) P(F1,19) \ge 60.945, p-value is less than α\alpha = 0.05, we reject H0, jointly do not explain earnings.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents