please answer question attach Question 4Beachcomber Ltd in a local car dealership that sells used and new vehicles. The manager of thecompany wants to know how different variables affect the sales of his vehicles. A random sample ofyearly data was taken with the view to testing the model:SALES=a+BAGE+YMIL+&ENGWhere SÄLES= amount that a vehícle is sold for($000's), AGE = age of the vehicle, MIL= the totalmileage of the vehicle at the point of sale and ENG= the size of the engine. The sample of data wasprocessed using MINITAB and the following is an extract of the output obtained:The regression equation is *****StDevCoeft-ratiop-valuePredictorConstan1.75860.25256.96480.0000tAGE0.21240.31750.5042**MIL-0.75270.3586-2.09914.8124***7.76640.0000ENGAnalysis of VarianceDFSSMSFSource3413.1291138.709****0.00Regressi7on50457.76072.2888Error53.Totald) Hence test whether & is significant. Give reasons for your answer.e) Perform the F Test making sure to state the null and alternative hypothesis.f) Given an interpretation of the term "R-sq" and comment on its value.

Name: please answer question attach Question 4Beachcomber Ltd in a local car
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: please answer question attach Question 4Beachcomber Ltd in a local car dealership that sells used and new vehicles. The manager of thecompany wants to know how different variables affect the sales of his vehicles. A random sample ofyearly data was ta