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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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Definitions:

Ego

In psychoanalytic theory, the part of the mind that mediates between the conscious and the unconscious and is responsible for reality testing and a sense of personal identity.

Executive

Pertains to high-level management roles in organizations, responsible for making major decisions and directing overall operations.

Personality

A combination of emotional, attitudinal, and behavioral response patterns of an individual that are characteristic over time and across situations.

Gratification

The state of being pleased or fulfilled.

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