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

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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: 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 (X<sub>1</sub> ∣ X<sub>2</sub>)= 36400.6326 and SSR (X<sub>2</sub> ∣ X<sub>1</sub>)= 3297.7917 -Referring to Table 14-4,the partial F test for H<sub>0</sub> : Variable X<sub>2</sub> does not significantly improve the model after variable X<sub>1 </sub>has been included H<sub>1 </sub>: Variable X<sub>2</sub> significantly improves the model after variable X<sub>1 </sub>has been included has ________ and ________ degrees of freedom. Also SSR (X1 ∣ X2)= 36400.6326 and SSR (X2 ∣ X1)= 3297.7917
-Referring to Table 14-4,the partial F test for
H0 : Variable X2 does not significantly improve the model after variable X1 has been included
H1 : Variable X2 significantly improves the model after variable X1 has been included
has ________ and ________ degrees of freedom.

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Definitions:

Group Attractiveness

This refers to the perceived desirability of belonging to a particular group, influenced by factors like the group's status, achievements, and camaraderie.

Similarity Of Members

The degree to which individuals in a group or team share common characteristics, experiences, or backgrounds.

Social Capital

The networks, relationships, and norms that facilitate collective action and contribute to the social and economic effectiveness of a society or group.

Strong Relationships

Connections between individuals or entities characterized by trust, mutual respect, and often a long history of working or being together.

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