Here is another part of the regression output for the movies in Exercise 3: Source Sum of

Question:

Here is another part of the regression output for the movies in Exercise 3:

Source Sum of Squares df Mean Square F-ratio Regression 224995 3 74998.4 34.8 Residual 249799 116 2153.44

a) Using the values from the table, show how the value of R2 could be computed. Don’t try to do the calculation, just show what is computed.

b) What is the F-statistic value for this regression?

c) What null hypothesis can you test with it?

d) Would you reject that null hypothesis?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

Question Posted: