TABLE 14-10
You worked as an intern at We Always Win Car Insurance Company last summer.You notice that individual car insurance premiums depend very much on the age of the individual and the number of traffic tickets received by the individual.You performed a regression analysis in EXCEL and obtained the following partial information:
-Referring to Table 14-10,to test the significance of the multiple regression model,what is the form of the null hypothesis?

Question

TABLE 14-10
You worked as an intern at We Always Win Car Insurance Company last summer.You notice that individual car insurance premiums depend very much on the age of the individual and the number of traffic tickets received by the individual.You performed a regression analysis in EXCEL and obtained the following partial information:

-Referring to Table 14-10,to test the significance of the multiple regression model,what is the form of the null hypothesis?

Quizplus · Accepted Answer

The null hypothesis for testing the significance of a multiple regression model is that all the coefficients of the independent variables are equal to zero, indicating that the model does not explain any variability in the dependent variable.

TABLE 14-10 You Worked as an Intern at We Always Win Car