TABLE 14-4 A Real Estate Builder Wishes to Determine How House Size

question 125

Multiple Choice

TABLE 14-4
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) and family size (Size) .House size is measured in hundreds of square feet and income is measured in thousands of dollars.The builder randomly selected 50 families and ran the multiple regression.Partial Microsoft Excel output is provided below: Also SSR (X₁ ∣ X₂) = 36400.6326 and SSR (X₂ ∣ X₁) = 3297.7917
-Referring to Table 14-4,which of the following values for the level of significance is the smallest for which at least one explanatory variable is significant individually?

• A)0.005
• B)0.010
• C)0.025
• D)0.050

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Definitions:

Amnesia

A loss of memory due to brain injury, disease, or psychological trauma, affecting one's ability to recall past experiences.

Prefrontal Cortex

A part of the brain located in the frontal lobe, associated with decision making, social behavior, personality, and cognitive planning.

Confabulations

Involves the creation of false memories without the intention to deceive, often occurring in patients with certain brain injuries or diseases.

Anterograde Amnesia

A condition where a person is unable to form new memories following a traumatic event, though long-term memories from before the event may remain intact.