In Exercise 3

a) What is the null hypothesis tested for the coefficient of Run Time in the regression of Exercise 3?
b) What is the f-statistic corresponding to this test?
c) Why is this f-statistic negative?
d) What is the P-value corresponding to this f-statistic?
e) Complete the hypothesis test. Do you reject the null hypothesis?

Transcribed Image Text:

Dependent variable is: USGross($) R squared = 47.4% R squared (adjusted) = 46.0% s = 46.41 with 120-4 = 116 degrees of freedom Variable Coefficient SE(Coeff) ratio P-value Intercept-22.9898 25.70 0.895 0.3729 Budget($) 1.13442 0.1297 8.75 <0.0001 Stars Run Time -0.403296 0.2513 -1.60 0.1113 24.9724 5.884 4.24 <0.0001