A real estate builder wishes to determine how house size is influenced by family income and family
Question:
A real estate builder wishes to determine how house size is influenced by family income and family size. House size is measured in hundreds of square feet and income is measured in thousands of dollars. The builder randomly selected 50 families and ran the multiple regression analysis. The multiple regression model has F-test statistic 60.09 and a p-value 0. At 5% significance, which of the following statement is correct?
Group of answer choices
A)At least one of the two independent variables have significant impact on the dependent variable
B)The intercept coefficient is significantly differed from zero
C)None of the independent variables has significant impact on the dependent variable
D)Both independent variables have significant impact on the dependent variable
Essentials of Business Statistics
ISBN: 978-0078020537
5th edition
Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or