TABLE 14-17

Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are
Age and Manager. The results of the regression analysis are given below:

-Referring to Table 14-17 and using both Model 1 and Model 2, there is insufficient evidence to conclude that the independent variables that are not significant individually are significant as a group in explaining the variation in the dependent variable at a 5% level of significance?

Question

TABLE 14-17

Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are
Age and Manager. The results of the regression analysis are given below:
 
-Referring to Table 14-17 and using both Model 1 and Model 2, there is insufficient evidence to conclude that the independent variables that are not significant individually are significant as a group in explaining the variation in the dependent variable at a 5% level of significance?

Quizplus · Accepted Answer

The table provided does not contain enough information to answer this question. The conclusion regarding the significance of independent variables as a group would depend on the F-statistic and corresponding p-value for the overall significance test of Model 2, which is not shown in the given table.

TABLE 14-17 Model 2 Is the Regression Analysis Where the Dependent Variable