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Is at least one of the two variables (weight and horsepower) significant in the model? Run the overall F-test and provide your interpretation at 5%
Is at least one of the two variables (weight and horsepower) significant in the model? Run the overall F-test and provide your interpretation at 5% level of significance.
- Define the null and alternative hypothesis in mathematical terms and in words.
- Report the level of significance.
- Include the test statistic and the P-value. (Hint: F-Statistic and Prob (F-Statistic) in the output).
- Provide your conclusion and interpretation of the test. Should the null hypothesis be rejected? Why or why not?
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