The MINITAB results are shown for predicting selling price using
The MINITAB results are shown for predicting selling price using x1 = size of home, x2 = number of bedrooms, and x3 = age.
Regression of selling price on house size, number of bedrooms, and age
a. State the null hypothesis for an F test, in the context of these variables.
b. The F statistic equals 74.23, with P -value = 0.000. Interpret.
c. Explain in nontechnical terms what you learn from the results of the t tests reported in the table for the three explanatory variables.
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