Using the regression table I created, how should I perform a T-test for the predictors and assuming the Normality, Homoscedasticity, Independence of observations are satisfied? ## Regression Analysis### Regression Statistics- **Multiple R**: 0.9915- **R Square**: 0.9830- **Adjusted R Square**: 0.9824- **Standard Error**: 108.8113- **Observations**: 61### ANOVA (Analysis of Variance)| | **df** | **SS** | **MS** | **F** | **Significance F** ||----------|--------|------------------|-------------------|------------|--------------------|| Regression | 2 | 39731441.7245 | 19865720.8622 | 1677.8619 | 0.0000 || Residual | 58 | 686714.3411 | 11839.9024 | | || Total | 60 | 40418156.0656 | | | |### Coefficients Analysis| | **Coefficients** | **Standard Error** | **t Stat** | **P-value** | **Lower 95%** | **Upper 95%** ||----------------|------------------|--------------------|------------|-------------|---------------|---------------|| Intercept | -90.2166 | 113.1013 | -0.7977 | 0.4283 | -316.6134 | 136.1802 || Asking Price | 9.2169 | 0.1716 | 53.7184 | 0.0000 | 8.8735 | 9.5604 || Age | 2.5069 | 0.8994 | 2.7873 | 0.0072 | 0.7065 | 4.3073 |### Calculations- **b2, b1, b0 Intercepts**: 2.5069, 9.2169, -90.2166- **b2, b1, b0 Standard Error**: 0.8994, 0.1716, 113.1013- **R Square, Standard Error**: 0.9830, 108.8113

It is required to describe the procedure of performing t-tests for the predictors, assuming that the…

Answered: Using the regression table I created,…

Using the regression table I created, how should I perform a T-test for the predictors and assuming the Normality, Homoscedasticity, Independence of observations are satisfied?

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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