Question: R - Square = 0 . 6 4 , Adjusted R - Square = 0 . 6 1 , F - Statistic = 3 1

R-Square =0.64,
Adjusted R-Square =0.61,
F-Statistic =31.402
33) Which of the two independent variables is statistically significant (at the 5% level) in explaining bicycle sales?
only income is significant at 5% level.
only the price is significant at 5% level.
both independent variables are significant at 5% level.
both independent variables are insignificant at the 5% level

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!