SCENARIO 14-4

Multiple Choice

SCENARIO 14-4
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, at the 0.01 level of significance, what conclusion should the builder
Draw regarding the inclusion of Size in the regression model?

A) Size is significant in explaining house size and should be included in the model because its p-value is less than 0.01.
B) Size is significant in explaining house size and should be included in the model because its p-value is more than 0.01.
C) Size is not significant in explaining house size and should not be included in the model because its p-value is less than 0.01.
D) Size is not significant in explaining house size and should not be included in the model because its p-value is more than 0.01.