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Exercise 1 4 - 8 ( Static ) ( LO 1 4 - 3 ) The following regression output was obtained from a study of

Exercise 14-8(Static)(LO14-3)
The following regression output was obtained from a study of architectural firms. The dependent variable is the total amount of fees in millions of dollars.
\table[[Predictor,Coefficient,\table[[SE],[Coefficient]],t,p-value],[Constant,7.987,2.967,2.690,0.010],[x1,0.122,0.031,3.920,0.000],[x2,-1.220,0.053,-2.270,0.028],[x3,-0.063,0.039,-1.610,0.114],[x4,0.523,0.142,3.690,0.001],[x5,-0.065,0.040,-1.620,0.112]]
\table[[Analysis of Variance,,,,,],[Source,DF,SS,MS,F,p-value],[Regression,5,371,000,742,12.89,0.000],[Residual Error,46,2,647.38,57.55,,],[Total,51,6,357.38,,,]]
x1 is the number of architects employed by the company.
x2 is the number of engineers employed by the company.
x3 is the number of years involved with health care projects.
x4 is the number of states in which the firm operates.
x5 is the Dercent of the firm's work that is health care-related.
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