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Consider the Following Regression Summary: ​

Question 37

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Consider the following regression summary: ​
Consider the following regression summary: ​   Perform a global utility test for the model.State the correct decision and reasoning.(Use α = 0.01.)  A)  The model appears to be useful because p-value = 0.000 < 0.01. B)  The model does not appear to be useful because p-value = 0.014 > 0.01. C)  The model appears to be useful because R-Sq (adj)  is more than 0.01 less than R-Sq. D)  The model does not appear to be useful because the p-value = 0.018 > 0.01.
Perform a global utility test for the model.State the correct decision and reasoning.(Use α = 0.01.)


A) The model appears to be useful because p-value = 0.000 < 0.01.
B) The model does not appear to be useful because p-value = 0.014 > 0.01.
C) The model appears to be useful because R-Sq (adj) is more than 0.01 less than R-Sq.
D) The model does not appear to be useful because the p-value = 0.018 > 0.01.

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