Exhibit 15-8

question 95

Multiple Choice

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: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.When testing whether Bath is significant at the 5% level,she

• A)Rejects ,and concludes that the number of bathrooms significantly influences rent.
• B)Does not reject ,and concludes that the number of bathrooms significantly influences rent.
• C)Rejects ,and concludes that the number of bathrooms does not significantly influence rent.
• D)Does not reject

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