A realtor would like to develop a regression model to help it set weekly rental rates for beach properties during the summer season in a certain region. The independent variables for this model are the number of bedrooms a property has, its age in years, and the number of blocks away from the ocean it is. The data for these variables are in the accompanying table. Complete parts a through d below. Click the icon to view the table of beach property data. a. Construct a regression model using all three independent variables. Let y be the weekly rental rate, xy be the number of bedrooms, xz be the age in years, and x3 be the number of blocks from the ocean the property is. = ( + (x+(x2+ (Round to the nearest whole number as needed.) b. Calculate the multiple coefficient of determination. R2=(Round to three decimal places as needed.) c. Test the significance of the overall regression model using a = 0.10. State the null and alternative hypotheses. Choose the correct answer below. O A. Ho: At least one B;+ 0 (Relationship exists between the variables) H1: B1 = B2 = B3 = 0 (No relationship between the variables) O B. Ho: B1+ B2+ B3 (Relationship exists between the variables) H: B1 = B2 = B3 (No relationship between the variables) OC. Ho: B1 = B2 = B3 (No relationship between the variables) H1: B1+ B2 B3 (Relationship exists between the variables) OD. Ho: B1 = B2 = B3 = 0 (No relationship between the variables) Hj: At least one B;#0 (Relationship exists between the variables) Identify the value of the test statistic. Fa - (Round to one decimal place as needed.) Calculate the p-value. The p-value is (Round to three decimal places as needed.) State the conclusion. Choose the correct answer below. O A. Since the p-value is greater than a, do not reject the null hypothesis. The overall regression model is not significant at the a = 0.10 significance level. O B. Since the p-value is greater than a, do not reject the null hypothesis. The overall regression model is significant at the a=0.10 significance level. O C. Since the p-value is less than a, reject the null hypothesis. The overall regression model is significant at the a = 0.10 significance level. OD. Since the p-value is less than a, reject the null hypothesis. The overall regression model is not significant at the a=0.10 significance level. d. Calculate the adjusted multiple coefficient of determination. R =(Round to three decimal places as needed.) Blocks 3.5 2.5 3.5 1 2 2.5 1 2.5 1 Rental ($) 825 900 1150 1425 1500 1875 2000 2275 2600 4025 4975 1475 2250 2500 2700 3025 3575 4000 4675 5000 5725 6500 7175 8025 Bedrooms 3 2 4 3 4 4 4 5 5 5 5 3 6 5 4 5 4 4 6 3 6 5 6 5 Age 11 16 12 5 6 22 9 12 5 10 5 7 4 9 4 10 11 10 3 9 16 10 17 13 2.5 1.5 2.5 1 3.5 2.5 2 2 1.5 1 2.5 1 1 1.5 1.5 2 1.5 1 2.5 1 1 1.5 1.5 1 3575 4000 4675 5000 5725 6500 7175 8025 10,000 1275 1775 2000 2200 2775 2975 3375 3575 3975 4475 4800 5375 6000 8000 10,500 Rental ($) 4 4 6 3 6 5 6 5 6 2 3 4 5 4 5 5 6 5 5 6 6 5 5 6 Bedrooms 11 10 3 9 16 10 17 13 17 16 16 10 11 7 10 5 9 11 11 3 1.5 2 1 2.5 3.5 1.5 2 1 2.5 1.5 2.5 2.5 1.5 1.5 Blocks 1 15 1 12 22 Age