Question: The following ANOVA table was obtained when estimating a multiple regression model. ANOVA d f SS MS F Significance F Regression 2 22016.75 11008.38 0.0228

The following ANOVA table was obtained when estimating a multiple regression model.

ANOVA d f SS MS F Significance F Regression 2 22016.75 11008.38 0.0228 Residual 17 39286.93 2310.996 Total 19 61303.68

a. How many explanatory variables were specified in the model? How many observations were used?

b. Specify the hypotheses to determine whether the explanatory variables are jointly significant.

c. Compute the value of the test statistic.

d. At the 5% significant level, what is the conclusion to the test? Explain.
Applications

Step by Step Solution

3.45 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics Communicating Questions!