Business Statistics

1.The p value for the full regression model is:

2. At the 1% level, the calculated value of the test statistic for testing the significance of the only significant variable is: 

3. Based on the regression model, living in South Denton changes the grocery bill by what dollar amount compared to North Denton when all other predictor variables are kept constant:

4. Based on the regression model, living in East Denton changes the grocery bill by what dollar amount compared to North Denton when all other predictor variables are kept constant: