TABLE 15-2 -Referring to Table 15-2, Is the Overall Model Statistically Adequate

Multiple Choice

TABLE 15-2


-Referring to Table 15-2, is the overall model statistically adequate at a 0.05 level of significance for predicting sale price (Y) ?

A) No, since some of the t tests for the individual variables are not significant.
B) No, since the standard deviation of the model is fairly large.
C) Yes, since none of the β-estimates are equal to 0.
D) Yes, since the p-value for the test is smaller than 0.05.