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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,the partial F test for
H0 : Variable X1 does not significantly improve the model after variable X2 has been included
H1 : Variable X1 significantly improves the model after variable X2 has been included
has ________ and ________ degrees of freedom.
Loan Papers
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Lump-sum Payment
A lump-sum payment is a single payment made at a particular time, as opposed to multiple payments over time.
Indifferent
In finance, this refers to a state or condition where a particular choice does not make one better or worse off than another choice.
Interest Rate
The fee levied by a lender on a borrower for asset utilization, calculated as a percentage of the principal value.
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