d question A regression analysis is performed using data for 20 single-family homes to predict appraised value (in thousands of dollars) based on land area of the property (in acres), Ajj- and age (in years). X, in month & Use the results below to complete parts (a) and (b) below Standard Variable Coefficient Error 1 Statistic p-value Intercept 408 85582 49 10047 8.33 0.0000 Arma X4 464 60572 114.10972 1 07 0/0008 Age. X -2.14422 0.62001 -3.48 0 0030 b. At the 0.05 level of significance, Determine whether each independent variable makes sion model. On the basis of these results, Indicate the independent variables to include in this model. Choose the correct hypotheses for X, below. OB HO A, =D OD. Ho , NO HI D, =0 Find the test statistic (Round to two decimal places as needed.) Determine the p-value. p-value - (Round to four decimal places as needed.) Reach a conclusion. Choose the correct answer below. H, There V sufficient evidence that X, makes a significant contribution to the regression model Choose the correct hypotheses for My below. OA Ho P2 -1 OB. HO:P2 # 1 H, P2 - 1 OC. Ho 2-0 OD. Ho By NO Find the test statistic (Round to two decimal places as needed.) Determine the p-value. p-value (Round to four decimal places as needed.) Reach a conclusion Choose the correct answer below. He There | sufficient evidence that Xy makes a significant contribution to the regression model. On the basis of these results, Indicate the independent variables to Include in this model. Choose the correct answer below. O A. Include neither variable X, nor variable X O B. Include only the variable X O C. Include both variables X, and X2 O D. Include only the variable X