A statistician wanted to determine whether the demographic variables of age, education and income influence the number of hours of television watched per week. A random sample of 25 adults was selected to estimate the multiple regression model .
Where:
y = number of hours of television watched last week. = age. = number of years of education. = income (in $1000s).
The computer output is shown below.
THE REGRESSION EQUATION IS S = 4.51 R-Sq = 34.8%. Test the overall validity of the model at the 5% significance level.
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