The following ANOVA table was obtained when estimating a multiple linear regress

Question

The following ANOVA table was obtained when estimating a multiple linear regression model Use Table 4 Regression 2 22,424.54 11,212.27 0.0226 Residual17 39,940.40 2,349.43 Total 19 62,364.94 a-1. How many explanatory variables were specified in the model? Number of explanatory variables a-2. How many observations were used? Number of observations b. Choose the hypotheses to determine whether the explanatory variables are jointly significant ?Ho: ?1 = ?2 = 0: HA At least one ? j 0 c. Compute the value of the test statistic. (Round your answer to 2 decimat places) Test statistic O Type here to search ????

Explanation / Answer

a1) No of Explanatory variable is 2

a2) No of Observations = 19+1 = 20

b) Option B is Correct

c) F = 11212.27/2349.43 = 4.77

d1)0.01< P value <0.05

d2) Option A

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