Exhibit 15-8 The Following Estimated Regression Model Was Developed Relating Yearly Income

Multiple Choice

Exhibit 15-8
The following estimated regression model was developed relating yearly income (Y in $1,000s) of 30 individuals with their age (X₁) and their gender (X₂) (0 if male and 1 if female) . Also provided are SST = 1,200 and SSE = 384.
-Refer to Exhibit 15-8. If we want to test for the significance of the model, the critical value of F at 95% confidence is

A) 3.33
B) 3.35
C) 3.34
D) 2.96