The ols() method in statsmodels was used to fit a simple linear regression model using "Exam4" as the response variable and "Exam1" as the predictor variable. The output is shown below. A text version is available. What is the correct regression equation based on this output? Is this model statistically significant at 5% level of significance (alpha = 0.05)? Select one. (Hint: Review results of F-statistic) OLS Regression Results Dep. Variable: Model: Method: R-squared: Adj. R-squared: F-statistic: Prob (F-statistic): Log-Likelihood: 50 Exam4 0.068 0.049 3.518 0.0668 -173.00 350.0 353.8 OLS Least Squares Fri, 16 Aug 2019 10:23:53 Date: Time: No. Observations: Df Residuals: Df Model: Covariance Type: AIČ: 48 BIC: 1 nonrobust coef std err t P>|t| [0.025 0.975] Intercept Examl 57.7627 0.2266 10.052 0.121 5.746 1.876 0.000 0.067 37.552 -0.016 77.973 0.469 Omnibus: Prob(Omnibus): skew: Kurtosis: Durbin-Watson: 3.859 0.145 0.428 3.784 Cond. No. Jarque-Bera (JB): Prob(JB): 1.723 2.809 0.245 753. Exam4 = 77.973 + 0.469 Exam1, model is not statistically significant Exam4 = 77.973 + 0.469 Exam1, model is statistically significant Exam4 = 57.7627 + 0.2266 Exam1, model is not statistically significant Exam4 = 57.7627 + 0.2266 Exam1, model is statistically significant

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The ols() method in statsmodels was used to fit a simple linear regression model
using "Exam4" as the response variable and "Exam1" as the predictor variable. The
output is shown below. A text version is available. What is the correct regression
equation based on this output? Is this model statistically significant at 5% level of
significance (alpha = 0.05)? Select one.
(Hint: Review results of F-statistic)
OLS Regression Results
Dep. Variable:
Model:
Method:
R-squared:
Adj. R-squared:
F-statistic:
Prob (F-statistic):
Log-Likelihood:
50
48
1
Exam4
0.068
0.049
3.518
0.0668
-173.00
350.0
353.8
OLS
Least Squares
Fri, 16 Aug 2019
10:23:53
Date:
Time:
No. Observations:
Df Residuals:
Df Model:
Covariance Type:
AIC:
ВIC:
nonrobust
coef
std err
t
P>|t|
[0.025
0.975]
Intercept
Examl
57.7627
0.2266
10.052
0.121
5.746
1.876
0.000
0.067
37.552
-0.016
77.973
0.469
Omnibus:
Prob(Omnibus):
skew:
Kurtosis:
3.859
0.145
0.428
3.784
Durbin-Watson:
Jarque-Bera (JB):
Prob(JB):
Cond. No.
1.723
2.809
0.245
753.
Exam4 = 77.973 + 0.469 Exam1, model is not statistically significant
Exam4 = 77.973 + 0.469 Exam1, model is statistically significant
Exam4 = 57.7627 + 0.2266 Exam1, model is not statistically significant
Exam4 = 57.7627 + 0.2266 Exam1, model is statistically significant
Transcribed Image Text:The ols() method in statsmodels was used to fit a simple linear regression model using "Exam4" as the response variable and "Exam1" as the predictor variable. The output is shown below. A text version is available. What is the correct regression equation based on this output? Is this model statistically significant at 5% level of significance (alpha = 0.05)? Select one. (Hint: Review results of F-statistic) OLS Regression Results Dep. Variable: Model: Method: R-squared: Adj. R-squared: F-statistic: Prob (F-statistic): Log-Likelihood: 50 48 1 Exam4 0.068 0.049 3.518 0.0668 -173.00 350.0 353.8 OLS Least Squares Fri, 16 Aug 2019 10:23:53 Date: Time: No. Observations: Df Residuals: Df Model: Covariance Type: AIC: ВIC: nonrobust coef std err t P>|t| [0.025 0.975] Intercept Examl 57.7627 0.2266 10.052 0.121 5.746 1.876 0.000 0.067 37.552 -0.016 77.973 0.469 Omnibus: Prob(Omnibus): skew: Kurtosis: 3.859 0.145 0.428 3.784 Durbin-Watson: Jarque-Bera (JB): Prob(JB): Cond. No. 1.723 2.809 0.245 753. Exam4 = 77.973 + 0.469 Exam1, model is not statistically significant Exam4 = 77.973 + 0.469 Exam1, model is statistically significant Exam4 = 57.7627 + 0.2266 Exam1, model is not statistically significant Exam4 = 57.7627 + 0.2266 Exam1, model is statistically significant
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