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A Regression Model Involving 8 Independent Variables for a Sample

Question 35

Short Answer

A regression model involving 8 independent variables for a sample of 69 periods resulted in the following sum of squares.
SSE = 306
SST = 1800
a. Compute the coefficient of determination.
b. At α = 0.05, test to determine whether or not the model is significant.

Correct Answer:

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a. 0.83
b. F = 36.62...

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