SCENARIO 14-4
a Real Estate Builder Wishes to Determine How $H _ { 0 }$

question 279

Short Answer

SCENARIO 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:
-Referring to Scenario 14-4, the value of the partial F test statistic is ____ for $H _ { 0 }$ : Variable $X _ { 1 }$ does not significantly improve the model after variable $X _ { 2 }$ has been included $H _ { 1 }$ : Variable $X _ { 1 }$ significantly improves the model after variable $X _ { 2 }$ has been included

---

Definitions:

Side Effects

Unintended consequences of an action or decision that can be either beneficial or harmful.

Settlement Cost

The expenses incurred in the resolution of a dispute, transaction, or litigation, including legal fees, negotiation costs, and any payments made to settle the case.

Threat

a potential cause of harm or adverse effect on someone or something.

Raise Request

A formal or informal petition for an increase in salary or wages.