Giving the selling price of the dependent variable and house size, house age and are independent variables please fill in...

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Giving the selling price of the dependent variable and house size, house age and are independent variables please fill in the table and answer the following questions (a-h).  (

SUMMARY OUTPUT

       

Regression Statistics

       

Multiple R

0.9571

       

R Square

.91604

       

Adjusted R Square

0.8932

       

Standard Error

6.8940

       

Observations

15

       

ANOVA

        

 

df

SS

MS

F

Significance F

   

Regression

3

5707.4385

1902.4495

40.0288

3.27814E-06

   

Residual

11

522.797

47.5270

     

Total

14

6230.2360

 

 

 

   
         

 

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Lower 95.0%

Upper 95.0%

Intercept

-16.0580

19.0710

-0.8420

0.4177

-58.0331

25.9171

-58.0331

25.9171

House Size

4.1462

0.7512

5.5195

0.0002

2.4928

5.7995

2.4928

5.7995

House Age

-0.2361

0.8812

-0.2679

0.7937

-2.1756

1.7035

-2.1756

1.7035

Area

4.8309

0.9011

5.3612

0.0002

2.8476

6.8141

2.8476

6.8141

 

-What is the variance of the slope coefficient of House size?

-Conduct a global test of the hypothesis to determine if any of the regression coefficients are not zero.

-Conduct a test of hypothesis for each of the independent variables.  Which one would you eliminate and why?

 

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