Question: Please solve and show your work. Please include formula and how you got to the answer. Please explain reasoning. 5. 5 You are examining the
5. 5 You are examining the results of a regression estimate that attempts to explain the inflation rate of different countries. The ANOVA output is given in the table below. The number of observations is 6 countries. ANOVA df Significance F 0.009458492 Regression Residual Total SS MS F 1 0.00114184 0.00114184 21.8880581 4 0.00020867 5.2167E-05 5 0.00135051 A) What hypothesis does the F statistic test? B) Is the F test significant at 0.05 significance level? C) Calculate the R2 based on ANOVA table and explain the meaning of R2
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