A regression model between sales (y in $1000) , unit price (x1 in dollars) , and television advertisement (x2 in dollars) resulted in the following function: = 8 - 4x1 + 5x2
For this model, SSR = 3500, SSE = 1500, and the sample size is 20. To test for the significance of the model, the test statistic F is
A) 19.83.
B) 88.23.
C) 17.
D) 2.33.
Correct Answer:
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