The Following Regression Output Is the Result of a Multiple

question 67

Essay

The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,hard drive capacity,and-monitor included (1=Yes,0=No). Given this output,what is the variable,Monitor,called? Also,given the other variables in the model,is Monitor significant in explaining the variation in the dependent variable? Test using a .05 level of alpha.

---

Definitions:

Closed

This term could refer to an entity, system, or status that is not open for operation, participation, or access by the public or specific groups.

Open

Available to all, not restricted or exclusive, often used in the context of data or software that can be freely accessed and modified.

Unilateral

Describes actions, decisions, or obligations imposed or undertaken by one party without the consent or cooperation of others.

Contract Failure

Circumstances where a contractual agreement is not honored by one or more parties involved, leading to breach and possible legal consequences.