Question 21 options:

Dapper Dan's Stables used two different independent variables (trainer hours and number of horses) in two different equations to evaluate the cost of training horses. The most recent results of the two regressions are as follows:

Trainer's hours:

Variable Coefficient Standard Error t-Value Constant $913.32 $198.12 4.61 Independent Variable $20.90 $ 2.94 3.50 r2= 0.82

Number of horses:

Variable Coefficient Standard Error t-Value Constant $4,764.50 $1,073.09 4.44 Independent Variable $864.98 $ 247.14 2.11 r2= 0.56

Referring to Dapper Dan's Stables above, what statistics did you rely on in choosing the more reliable regression estimates and why?