Question: We estimated a model using G.P. A. to predict the starting salaries of new college graduates and obtained the following information with alpha = 0.05.

We estimated a model using G.P. A. to predict the starting salaries of new college graduates and obtained the following information with alpha = 0.05. What can be said about the probability of the overall model?

Sum of Squares Degrees of Freedom Mean Square F-Statistic Probability of F
SSR 684.4652 1 684.4652 62.5756 2.4214E-05
SSE 98.4439 9 10.9382
SST 782.9091 10

Group of answer choices

The F-statistic is too low, so G. P. A, can not be used to predict starting salaries.

The probability of F is larger than alpha, so we reject the model.

This model is not a good predictor for starting salaries.

We can not answer the queston based on the information provided.

The probability level of the F statistic indicates that the model is useful.

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