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TABLE 13-4
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 13-4, at the 0.01 level of significance, what conclusion should the builder draw regarding the inclusion of School in the regression model?
Finance Charges
Costs associated with borrowing money, including interest rates, late fees, and other charges applied to a loan or credit.
Adjustment Code
Used in billing and accounting to denote corrections or modifications made to a patient's account in healthcare settings.
Canceled Account Balance
The remaining amount of money in an account that has been closed or terminated.
Collection Letters
Written notices sent by creditors to debtors requesting payment of overdue balances.
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