Exhibit 16-2
In a regression model involving 30 observations, the following estimated regression equation was obtained. = 170 + 34x 1 - 3x 2 + 8x 3 + 58x 4 + 3x 5
For this model, SSR = 1,740 and SST = 2,000.
-Refer to Exhibit 16-2. The computed F value for testing the significance of the above model is
A)32.12
B)6.69
C)4.8
D)58

Question

Exhibit 16-2
In a regression model involving 30 observations, the following estimated regression equation was obtained.  = 170 + 34x 1 - 3x 2 + 8x 3 + 58x 4 + 3x 5 
For this model, SSR = 1,740 and SST = 2,000.
-Refer to Exhibit 16-2. The computed F value for testing the significance of the above model is
A)32.12 
B)6.69 
C)4.8 
D)58

Quizplus · Accepted Answer

The F value of 32.12 is the computed statistic for testing the overall significance of the regression model, indicating that the model is statistically significant.

Exhibit 16-2 In a Regression Model Involving 30 Observations, the Following Estimated