Question

In Problem 13.3 on page 469, you predicted the mean annual revenue for U. S. metropolitan areas, based on the mean age (Age) and mean BizAnalyzer score (BizAnalyzer) for a sample of 25 small business metropolitan areas. The regression analysis resulted in the following ANOVA summary table:
a. Determine whether there is a significant relationship between mean annual revenue and the two independent variables at the 0.05 level of significance.
b. Interpret the meaning of the p value.
c. Compute the coefficient of multiple determination, r2, and interpret its meaning.


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  • CreatedJuly 16, 2015
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