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Exhibit 15-8

Question 115

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Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x1) ,the number of bathrooms (x2) ,and its square footage (x3) .She estimates the following model: Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D) .The following table shows a portion of the regression results. Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D) Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent?


A) Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D) : Both of the coefficients are nonzero
B) Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D) : At least one of the coefficients is zero
C) Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D) : At least one of the coefficients is nonzero
D) Exhibit 15-8.A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms,the number of bathrooms,and the apartment's square footage.For 40 apartments,she collects data on the rent (y,in $) ,the number of bedrooms (x<sub>1</sub>) ,the number of bathrooms (x<sub>2</sub>) ,and its square footage (x<sub>3</sub>) .She estimates the following model: .The following table shows a portion of the regression results. Refer to Exhibit 15-8.Which of the following are the hypotheses to test if the explanatory variables Bath and Sqft are jointly significant in explaining Rent? A) : Both of the coefficients are nonzero B) : At least one of the coefficients is zero C) : At least one of the coefficients is nonzero D)

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