A multiple regression model involves 3 predictor variables and a sample of 20 data points. If we want to test the usefulness of the model at the 1% significance level, what is the critical value of the rejection region?
A) 5.29
B) 5.93
C) 6.30
D) 7.09

Question

Quizplus · Accepted Answer

The critical value of the rejection region for a multiple regression model with 3 predictor variables and a sample of 20 data points at the 1% significance level is 5.29. This value is obtained from the F-distribution with 3 and 16 degrees of freedom.

A Multiple Regression Model Involves 3 Predictor Variables and a Sample