1. 10,.0 points value Chapter 13 - MC Qu. 14-37 What can we conclude if the over

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1. 10,.0 points value Chapter 13 - MC Qu. 14-37 What can we conclude if the overall F-test of regression does not reject the null hypothesis? O A strong relationship exists among the variables. O No relationship exists between the dependent variable and any of the independent variables. The independent variables are good predictors Good forecasts are possible. References Multiple Choice Difficulty: 1 Basic Chapter 13-MC Qu. 14-37Learning Objective: 14-03 Test hypotheses about the relationships inferred by a multiple regression model.

Explanation / Answer

If the f test doesnot reject the null hypothesis that means the independent variable are good predictors and there is some kind of relationship among the variables.

If the explanatory variables are significant at 5% then they are influencing the relationship among the dependent and independent variable . Hence we conclude that the gate price , rides , and temperature are useful for predicting attendance.

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