A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β₀ + β₁Price + β₂Temperature + β₃Rides + ε, where Attendance is the daily attendance (in 1,000s), Price is the gate price (in $), Temperature is the average daily temperature (in °F), and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. Which of the following is the value of the test statistic for testing the joint significance of the linear regression model? A) −4.09 B) 0.04 C) 9.95 D) 99.78

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The Answer of A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β₀ + β₁Price + β₂Temperature + β₃Rides + ε, where Attendance is the daily attendance (in 1,000s), Price is the gate price (in $), Temperature is the average daily temperature (in °F), and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. Which of the following is the value of the test statistic for testing the joint significance of the linear regression model? A) −4.09 B) 0.04 C) 9.95 D) 99.78

A Researcher Analyzes the Factors That May Influence Amusement Park