Question: The table below gives Minitab output for the multiple regression of log Sales vs. Housing Starts and Mortgage Rate Regression Analysis: Log Sales versus Housing

 The table below gives Minitab output for the multiple regression of

The table below gives Minitab output for the multiple regression of log Sales vs. Housing Starts and Mortgage Rate Regression Analysis: Log Sales versus Housing starts, Mortgage The regression equation is Log Sales = 3.43 + 0.152 Housing starts 0.0580 Mortgage Predictor Coef SE Coef T P Constant 3.4330 0.4617 7.44 0.000 Housing starts 0.15198 0.05235 2.90 0.009 Mortgage -0.05805 0.04930 -1.18 0.252 S = 0.128297 R-Sq = 36.3% R-Sq{adj) = 30.2% Analysis of Variance Source 3F 53 MS F P Regression 2 0.19656 0.09828 5.97 0-009 Residual Error 21 0.34566 0.01646 Total 23 0.5422 4) A) Based on the multiple regression output above, is there evidence at the 5% level of signicance of a negative relationship between the Mortgage Rate and log Sales? (3 Points.)

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