Question
Suppose you estimate a Linear Regression with housing price as the dependent variable and average income, the population density of the area, unemployment rate, and
Suppose you estimate a Linear Regression with housing price as the dependent variable and average income, the population density of the area, unemployment rate, and the fraction of the population over 65 years of age as independent variables. From the regression results, you get the F-statistic is 20.137 with a p-value of 0.0001. At a Level of Significance of 5%, what does the F-test say about the results of the linear regression?
Group of answer choices
a)The results of the F-test for this linear regression suggests that at least one of the coefficients on the independent variables isn't equal to 0
b)The results of the F-test for this linear regression suggests that all the coefficients on the independent variables are likely equal to 0
c)The results of the F-test for this linear regression suggests that all of the coefficients on the independent variables are different from 0
d)There isn't enough information to determine a conclusion
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