SCENARIO 14-6 One of the Most Common Questions of Prospective House Buyers

question 129

Multiple Choice

SCENARIO 14-6
One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y) . To provide its customers with information on that matter, a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit ( X₁ ) and the amount of insulation in inches ( X ₂ ) . Given below is EXCEL output of the regression model.



Also SSR (X₁ | X₂) = 8343.3572 and SSR (X₂ | X₁) = 4199.2672
-Referring to Scenario 14-5,the observed value of the F-statistic is given on the printout as 25.432.What are the degrees of freedom for this F-statistic?

• A)25 for the numerator,2 for the denominator
• B)2 for the numerator,23 for the denominator
• C)23 for the numerator,25 for the denominator
• D)2 for the numerator,25 for the denominator

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