Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Often, regression results will be presented in academic papers with coefficient values and standard errors (estimate of the standard deviation of the sampling distribution of
Often, regression results will be presented in academic papers with coefficient values and standard errors (estimate of the standard deviation of the sampling distribution of b ) leaving the reader to determine in the parameter values are statistically significant. Below is a model of the selling price of houses in the Spring of 2018 in Ft. Thomas, Kentucky. selling price(y) = Bo + 81# of baths(x1) + Bysquare ft.(x2) + 83# of beds(x3) + e The model was estimated using a sample of 26 observations (n=26) with the following results: Coefficients Standard Error Intercept -5531.0144 67312.9506 Baths -1386.2100 23143.8052 Sq Ft 60.2793 23.5813 Beds 54797.0778 24019.7592 Which independent variables have coefficients that are statistically significant at the 5% level? O Square ft, # of beds O Incercept, Square ft, # of beds, # of baths O Square ft O Intercept, Square ft O Intercept, #of baths wronG
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started