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SCENARIO 18-5
You Worked as an Intern at We Always β\beta

Question 313

Multiple Choice

SCENARIO 18-5
You worked as an intern at We Always Win Car Insurance Company last summer.You notice that individual car insurance premiums depend very much on the age of the individual,the number of traffic tickets received by the individual,and the population density of the city in which the individual lives.You performed a regression analysis in EXCEL and obtained the following information:
SCENARIO 18-5 You worked as an intern at We Always Win Car Insurance Company last summer.You notice that individual car insurance premiums depend very much on the age of the individual,the number of traffic tickets received by the individual,and the population density of the city in which the individual lives.You performed a regression analysis in EXCEL and obtained the following information: -Referring to Scenario 18-5,to test the significance of the multiple regression model,what is the form of the null hypothesis? A) H<sub>0 </sub>: \beta <sub>0</sub> =0 B) H<sub>0 </sub>: \beta <sub>1</sub> =0 C) H<sub>0 </sub>: \beta <sub>1 </sub>= \beta <sub>2 </sub>= \beta <sub>3</sub><sub> </sub>=0 D) H<sub>0 </sub>: \beta <sub>0 </sub>= \beta <sub>1 </sub>= \beta <sub>2 </sub>= \beta <sub>3</sub><sub> </sub>=0
-Referring to Scenario 18-5,to test the significance of the multiple regression model,what is the form of the null hypothesis?


A) H0 : β\beta 0 =0
B) H0 : β\beta 1 =0
C) H0 : β\beta 1 = β\beta 2 = β\beta 3 =0
D) H0 : β\beta 0 = β\beta 1 = β\beta 2 = β\beta 3 =0

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