Exhibit 15-3
In a regression model involving 30 observations, the following estimated regression equation was obtained: For this model SSR = 700 and SSE = 100.
-Refer to Exhibit 15-3. The computed F statistic for testing the significance of the above model is
A)43.75
B)0.875
C)50.19
D)7.00

Question

Exhibit 15-3
In a regression model involving 30 observations, the following estimated regression equation was obtained:  For this model SSR = 700 and SSE = 100.
-Refer to Exhibit 15-3. The computed F statistic for testing the significance of the above model is
A)43.75 
B)0.875 
C)50.19 
D)7.00

Quizplus · Accepted Answer

The F statistic is calculated as the ratio of the mean regression sum of squares to the mean error sum of squares. Based on the given options, 43.75 is the most plausible value for a significant F statistic, indicating that the model is statistically significant.

Exhibit 15-3 In a Regression Model Involving 30 Observations, the Following Estimated