Here is another part of the regression output for the movies in Exercise 3: a) Using the
Question:
Here is another part of the regression output for the movies in Exercise 3:
a) Using the values from the table, show how the value of R2 could be computed. Don€™t try to do the calculation, just show what is computed.
b) What is the F-statistic value for this regression?
c) What null hypothesis can you test with it?
d) Would you reject that null hypothesis?
Transcribed Image Text:
Source Sum of Squares df Mean Square F-ratio Regression 224995 Residua 249799 3 74998.4 116 2153.44 34.8
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a To compute R 2 from the values in the table we have R 2 SSRSST 224995474794 0474 or 474 ...View the full answer
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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