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Fox School of Business TEMPLE UNIVERSITY. Question 1: Evaluate the following three Model Comparisons Comparison 1: ModelC : YiB + E Model A: Y=P. +

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Fox School of Business TEMPLE UNIVERSITY. Question 1: Evaluate the following three Model Comparisons Comparison 1: ModelC : YiB + E Model A: Y=P. + , Owner Occupied Housing Value Index + B, Householder's Median Age SSE(C) 10602.323 PC SSE(A) 10583.808 PA 3 SSR 18.515 RZ .002 F 40.353 Probability of F Statistic .000 Interpretation of Findings Reject the Null hypothesis. The addition of the Owner occupied housing value (Include F, Probability of F and index and householders median age reduces error by 2% when compared to the R2 ) model that only predicts the mean. Prediction Equation for Model A using Unstandardized AY = 2.060 + .00019(oohvi) + .004 (medage) Regression Coefficients

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