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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 following values for the level of significance is the smallest for which the regression model as a whole is significant?
Economic Classes
These are categorizations of individuals in a society based on their economic status, often divided into upper, middle, and lower classes.
Lifestyle
The way in which a person or group lives, including their behaviors, attitudes, values, and habits.
Values
The principles and beliefs that guide an individual's or society's actions and decisions, often reflecting moral and ethical considerations.
Agriculture
The practice of cultivating the soil, growing crops, and raising livestock for food, fiber, and other products.
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