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To test for the overall significance of the regression model from the above output, we can assume: (a) The constant term has a t-test statistic

To test for the overall significance of the regression model from the above output, we can assume:

(a) The constant term has a t-test statistic of 0.3259 and has a p-value of 0.7452 indicating the entire model is not significant.

OR

(b) There is overall significance as the F-test statistic is 45.2456 with a p-value of 1.69349E-25, indicating at least one predictor variable significantly contributes.

OR

(c)There is overall significance as the t test for the slope of the Living Area variable is 7.9428 and has a p-value of 4.46E-12, indicating the entire 6-predictor model is significant and should be used.

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