Consider the following regression summary: Perform a global utility test for the model.State the correct decision and reasoning.(Use α = 0.01.) A) The model appears to be useful because p-value = 0.000 0.01. C) The model appears to be useful because R-Sq (adj) is more than 0.01 less than R-Sq. D) The model does not appear to be useful because the p-value = 0.018 0.01.

Question

Consider the following regression summary: ​

Perform a global utility test for the model.State the correct decision and reasoning.(Use α = 0.01.)
A) The model appears to be useful because p-value = 0.000 < 0.01. 
B) The model does not appear to be useful because p-value = 0.014 > 0.01. 
C) The model appears to be useful because R-Sq (adj) is more than 0.01 less than R-Sq. 
D) The model does not appear to be useful because the p-value = 0.018 > 0.01.

Quizplus · Accepted Answer

The Answer of Consider the following regression summary: ​

Perform a global utility test for the model.State the correct decision and reasoning.(Use α = 0.01.)
A) The model appears to be useful because p-value = 0.000 < 0.01. 
B) The model does not appear to be useful because p-value = 0.014 > 0.01. 
C) The model appears to be useful because R-Sq (adj) is more than 0.01 less than R-Sq. 
D) The model does not appear to be useful because the p-value = 0.018 > 0.01.

Consider the Following Regression Summary: ​

Consider the Following Regression Summary: