In a multiple regression problem involving 30 observations and four explanatory variables,SST = 800 and SSE = 240.The value of the F-statistic for testing the significance of this model is 14.583.

Question

Quizplus · Accepted Answer

The F-statistic for testing the significance of the model is calculated as F = (SST - SSE) / p / (SSE / (n - p - 1)), where p is the number of explanatory variables and n is the number of observations. Substituting the given values, we get F = (800 - 240) / 4 / (240 / 25) = 14.583. This matches the given value, so the answer is A.

In a Multiple Regression Problem Involving 30 Observations and Four