Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x1) ,the number of bathrooms (x2) ,and its square footage (x3) .She estimates the following model: .The following table shows a portion of the regression results.
Refer to Exhibit 15-8.When testing whether Bath is significant at the 5% level,she
A) Rejects ,and concludes that the number of bathrooms significantly influences rent.
B) Does not reject ,and concludes that the number of bathrooms significantly influences rent.
C) Rejects ,and concludes that the number of bathrooms does not significantly influence rent.
D) Does not reject
Correct Answer:
Verified
Q83: Exhibit 15-8.A real estate analyst believes that
Q84: Exhibit 15-7.A manager at a local bank
Q85: Exhibit 15-7.A manager at a local bank
Q86: Exhibit 15-9.An economist estimates the following model:
Q87: Exhibit 15-6.Tiffany & Co.has been the world's
Q89: Exhibit 15-7.A manager at a local bank
Q90: Exhibit 15-7.A manager at a local bank
Q91: Exhibit 15-9.An economist estimates the following model:
Q92: Exhibit 15-8.A real estate analyst believes that
Q93: When estimating a multiple regression model based
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