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The regression output below shows the estimated relationship between Price and the independent variables Curb Weight, Horsepower, and Acceleration. If performing a test for Overall
The regression output below shows the estimated relationship between Price and the independent variables Curb Weight, Horsepower, and Acceleration. If performing a test for Overall Significance for this model, what is the test statistic's value?
ANOVA | df | SS | MS | F | Significance F | |
Regression | 3 | 2830.59 | 943.53 | 4.70 | 0.02 | |
Residual | 12 | 2407.62 | 200.63 | |||
Total | 15 | 5238.20 | ||||
Coefficients | Std. Error | t Stat | P-value | Lower 95% | Upper 95% | |
Intercept | -179.97 | 112.86 | -1.60 | 0.14 | -425.87 | 65.92 |
Curb Weight | -0.01 | 0.02 | -0.85 | 0.41 | -0.05 | 0.02 |
Horsepower | -0.15 | 0.15 | -1.03 | 0.33 | -0.48 | 0.17 |
Acceleration | 3.14 | 1.30 | 2.42 | 0.03 | 0.31 | 5.97 |
Select one:
a.0.54
b.14.16
c.4.70
d.-0.85
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