Question: This is also a part C that didn't get in the screenshot: Given your findings in (B), which variables, if any, would you choose to

This is also a part C that didn't get in the screenshot:

Given your findings in (B), which variables, if any, would you choose to remove from the model estimated in (A)? Explain your decision.

Summary measures Multiple R 0.8391 R-Square 0.7041 Adj R-Square 0.6783 StErr of Estimate 148.828 ANOVA Table Source of SS MS F Explained 2 1212039.4 606019.7 27.3601 Unexplained 23 509444.9 22149.8 Regression coefficients Coefficient Std Err t-value p-value Constant -1242.99 331.204 -3.7529 0.0010 Age of Item 75.017 10.65 7.0459 0.0000 Number of Bidders 13.973 10.44 1.3380 0.1940 (A) Estimate a multiple regression model for the data. (this question is worth 4 points) (B) Which of the variables in this model have regression coefficients that are statistically different from 0 at the 5% significance level? (this question is worth 8 points)

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