A multiple regression is shown for a data set of yachts where the dependent variable is the price in thousands of dollars. Based on this output, which of the independent variables appear to be significantly helping to predict the price of a yacht, using a 0.10 level of significance?
A) Age
B) Age and length
C) Rooms and Nav. Equip.
D) Length and Nav. Equip.

Question

A multiple regression is shown for a data set of yachts where the dependent variable is the price in thousands of dollars.  Based on this output, which of the independent variables appear to be significantly helping to predict the price of a yacht, using a 0.10 level of significance?
A) Age 
B) Age and length 
C) Rooms and Nav. Equip. 
D) Length and Nav. Equip.

Quizplus · Accepted Answer

The Answer of A multiple regression is shown for a data set of yachts where the dependent variable is the price in thousands of dollars.  Based on this output, which of the independent variables appear to be significantly helping to predict the price of a yacht, using a 0.10 level of significance?
A) Age 
B) Age and length 
C) Rooms and Nav. Equip. 
D) Length and Nav. Equip.

A Multiple Regression Is Shown for a Data Set of Yachts