The regression output about eating places in Myrtle Beach is repeated below (see earlier self-reviews). (a) Perform

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The regression output about eating places in Myrtle Beach is repeated below (see earlier self-reviews).

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(a) Perform a global test of hypothesis to check if any of the regression coefficients are different from 0. What do you decide? Use the .05 significance level.

(b) Do an individual test of each independent variable. Which variables would you consider eliminating? Use the .05 significance level.

(c) Outline a plan for possibly removing independent variables.

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Basic Statistics For Business And Economics

ISBN: 9780077230968

6th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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