A study has recently been conducted by a major computer magazine publisher in which the objective was to develop a multiple regression model to explain the variation in price of personal computers. Three quantitative independent variables were used along with one qualitative variable. The qualitative variable was coded 1 if the computer included a monitor, 0 otherwise. The following computer printout shows the final output. Based on this information, given the other variables in the model, whether or not a monitor is included has a significant impact on the price of the personal computer.

Question

A study has recently been conducted by a major computer magazine publisher in which the objective was to develop a multiple regression model to explain the variation in price of personal computers. Three quantitative independent variables were used along with one qualitative variable. The qualitative variable was coded 1 if the computer included a monitor, 0 otherwise. The following computer printout shows the final output.  Based on this information, given the other variables in the model, whether or not a monitor is included has a significant impact on the price of the personal computer.

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The Answer of A study has recently been conducted by a major computer magazine publisher in which the objective was to develop a multiple regression model to explain the variation in price of personal computers. Three quantitative independent variables were used along with one qualitative variable. The qualitative variable was coded 1 if the computer included a monitor, 0 otherwise. The following computer printout shows the final output.  Based on this information, given the other variables in the model, whether or not a monitor is included has a significant impact on the price of the personal computer.

A Study Has Recently Been Conducted by a Major Computer