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Exhibit 15-8

question 61

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Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x1) ,the number of bathrooms (x2) ,and its square footage (x3) .She estimates the following model: Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following is the value of the test statistic for testing the joint significance of the linear regression model? A) 1.59 B) 2.22 C) 3.75 D) 50.88 .The following table shows a portion of the regression results. Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following is the value of the test statistic for testing the joint significance of the linear regression model? A) 1.59 B) 2.22 C) 3.75 D) 50.88 Refer to Exhibit 15-8.Which of the following is the value of the test statistic for testing the joint significance of the linear regression model?

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