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

question 290

Multiple Choice

TABLE 14-4
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) , family size (Size) , and education of the head of household (School) . House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is in years. The builder randomly selected 50 families and ran the multiple regression. Microsoft Excel output is provided below:
-Referring to Table 14-4, which of the independent variables in the model are significant at the 5% level?

• A) Income, Size, School
• B) Income, Size
• C) Size, School
• D) Income, School

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Definitions:

S Corporations

A type of corporation in the United States that allows profits, and some losses, to be passed directly to owners' personal income without being subject to corporate tax rates.