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

question 19

Multiple Choice

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:


Also SSR (X₁ | X₂) = 36400.6326 and SSR (X₁ | X₂) = 3297.7917
-Referring to Scenario 14-3,to test whether gross domestic product has a positive impact on consumption,the p-value is

• A)0.00005
• B)0.0001
• C)0.9999
• D)0.99995

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Definitions:

Differential Emotions Theory

A psychological theory that suggests emotions are distinct constructs and that specific emotions are linked to specific bodily and facial expressions.

Inherently Adaptive

Describes traits or behaviors that naturally enhance an organism's ability to adjust to and survive in its environment.

Social Situations

Contexts involving interactions between individuals or groups.

Modified Emotions

Altered or adjusted feelings and emotional responses that may differ from the original or natural state.