Exhibit 15-3 In a Regression Model Involving 30 Observations, the Following Estimated

Multiple Choice

Exhibit 15-3
In a regression model involving 30 observations, the following estimated regression equation was obtained: = 17 + 4x₁ - 3x₂ + 8x₃ + 8x₄
For this model SSR = 700 and SSE = 100.
-Refer to Exhibit 15-3. The conclusion is that the

A) model is not significant
B) model is significant
C) slope of x₁ is significant
D) slope of x₂ is significant