Question: A multiple regression with 35 observations and three explanatory variables yields the ANOVA table. ANOVA Table Degrees of Freedom Sum of Squares Explained 1,347 Unexplained

A multiple regression with 35 observations and three explanatory variables yields the ANOVA table.

ANOVA Table
Degrees of Freedom Sum of Squares
Explained 1,347
Unexplained
Total 2,681

Complete this ANOVA table. Round your answers for mean of squares and F to three decimal places and for p-Value to four decimal places, if necessary.

ANOVA Table
Degrees of Freedom Sum of Squares Mean of Squares F p-Value
Explained 1,347
Unexplained
Total 2,681

Can you conclude at the 1% significance level that these three explanatory variables have some power in explaining variation in the dependent variable?

______ (YES, NO), because the p-value is ______ (LESS, GREATER) than 0.01, we ______ (CAN, CANNOT) reject the null hypothesis about the _______ (PRESENCE, ABSENCE) of explanatory power.

Step by Step Solution

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 Mathematics Questions!