Question

Using 20 observations, the multiple regression model y = β0 + β1x1 + β2x2 +  was estimated. Excel produced the following relevant results.


a. At the 5% significance level, are the explanatory variables jointly significant?
b. At the 5% significance level, is each explanatory variable individually significant?
c. What is the likely problem with thismodel?


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  • CreatedJanuary 28, 2015
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