Data were collected from a random sample of 320 home sales from a community in 2003. Let Price denote the selling price (in $1,000), BDR denote the number of bedrooms number of bathrooms, Haize denote the size of the house (in square feet), Lsize denote the lot size (in square feet). Age denote the age of the house (in years), and Poor denote a binary variab that is equal to 1 if the condition of the house is reported as "poor" An estimated regression yields Price 126.4+0.5148DR 24.88ach+0.165Haize+0.002Lsize (25.3) (243) (0.012) +0.095Age-51.7Poor, R-0.76, SER-440 (11.1) (9.48) (0.330) The statistic for the coefficient on BDR is (Round your response to three decimal places) is the coefficient on BDR statistically significantly different from zero? OA Since the F-statistic<1.96, the coefficient on BDR is not statistically significantly different from zero. OB. Since the 1-statistic > 0.05, the coefficient on BDR is not statistically significantly different from zero OC. Since the statistic <0.05, the coefficient on BOR is statistically significantly different from zero. OD. Since the f-statistic> 1.96, the coefficient on BDR is statistically significantly different from zero (0.00051)
Data were collected from a random sample of 320 home sales from a community in 2003. Let Price denote the selling price (in $1,000), BDR denote the number of bedrooms number of bathrooms, Haize denote the size of the house (in square feet), Lsize denote the lot size (in square feet). Age denote the age of the house (in years), and Poor denote a binary variab that is equal to 1 if the condition of the house is reported as "poor" An estimated regression yields Price 126.4+0.5148DR 24.88ach+0.165Haize+0.002Lsize (25.3) (243) (0.012) +0.095Age-51.7Poor, R-0.76, SER-440 (11.1) (9.48) (0.330) The statistic for the coefficient on BDR is (Round your response to three decimal places) is the coefficient on BDR statistically significantly different from zero? OA Since the F-statistic<1.96, the coefficient on BDR is not statistically significantly different from zero. OB. Since the 1-statistic > 0.05, the coefficient on BDR is not statistically significantly different from zero OC. Since the statistic <0.05, the coefficient on BOR is statistically significantly different from zero. OD. Since the f-statistic> 1.96, the coefficient on BDR is statistically significantly different from zero (0.00051)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Data were collected from a random sample of 320 home sales from a community in 2003. Let Price denote the selling price (in $1,000), BDR denote the number of bedrooms, Bath denote the
number of bathrooms, Hsize denote the size of the house (in square feet), Lsize denote the lot size (in square feet). Age denote the age of the house (in years), and Poor denote a binary variable
that is equal to 1 if the condition of the house is reported as "poor"
An estimated regression yields:
Price 126.4+0.5148DR 24.88ath+0.165Haize+0.002Lsize
(25.3) (2:43)
(9.48) (0.012)
+0.095Age-51.7 Poor, R-0.76, SER-44.0
(0.330) (11.1)
The f-statistic for the coefficient on BDR is (Round your response to three decimal places.)
Is the coefficient on BDR statistically significantly different from zero?
OA. Since the f-statistic < 1.96, the coefficient on BDR is not statistically significantly different from zero.
OB. Since the f-statistic > 0.05, the coefficient on BDR is not statistically significantly different from zero.
OC. Since the f-statistic < 0.05, the coefficient on BDR is statistically significantly different from zero.
D. Since the f-statistic > 1.96, the coefficient on BDR is statistically significantly different from zero
(0.00051)
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