SCENARIO 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000)and 2 variables: age = Age)and experience in the field
= Exper).He took a sample of 20 employees and obtained the following Microsoft Excel output:
Also, the sum of squares due to the regression for the model that includes only Age is 5022.0654 while the sum of squares due to the regression for the model that includes only Exper is 125.9848.
-Referring to Scenario 14-8, the value of the partial F test statistic is ____ for : Variable
does not significantly improve the model after variable
has been included
: Variable
significantly improves the model after variable
has been included
Correct Answer:
Verified
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