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An application of the multiple regression model generated the following results involving the F test of the overall regression model: p-value = .0012, R2 = .67, and s = .076. Thus, the null hypothesis, which states that none of the independent variables are significantly related to the dependent variable, should be rejected at the .05 level of significance.
Unemployment Rate
The share of the employment-seeking population in the labor force that currently does not have a job.
Increased
A term indicating a rise or growth in a particular variable or quantity.
Pie Chart
A circular statistical graphic divided into slices to illustrate numerical proportion, with the arc length of each slice corresponding to the quantity it represents.
Book Purchases
Transactions where buyers acquire books from sellers.
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