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: Rent = β₀ + β₁ Bedroom + β₂ Bath + β₃Sqft + ε.The following table shows a portion of the regression results. When testing whether Bath is significant at the 5% significance level,she ___________________________________________________________________. A) rejects H₀:β₂ = 0,and concludes that the number of bathrooms significantly influences rent B) does not reject H₀:β₂ = 0,and concludes that the number of bathrooms significantly influences rent C) rejects H₀:β₂ = 0,and concludes that the number of bathrooms does not significantly influence rent D) does not reject H₀:β₂ = 0,and concludes that the number of bathrooms does not significantly influence rent.

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The Answer of 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: Rent = β₀ + β₁ Bedroom + β₂ Bath + β₃Sqft + ε.The following table shows a portion of the regression results. When testing whether Bath is significant at the 5% significance level,she ___________________________________________________________________. A) rejects H₀:β₂ = 0,and concludes that the number of bathrooms significantly influences rent B) does not reject H₀:β₂ = 0,and concludes that the number of bathrooms significantly influences rent C) rejects H₀:β₂ = 0,and concludes that the number of bathrooms does not significantly influence rent D) does not reject H₀:β₂ = 0,and concludes that the number of bathrooms does not significantly influence rent.

A Real Estate Analyst Believes That the Three Main Factors