rev 04172014QC4852 Using 20 observations the multiple regres

rev: 04_17_2014_QC_4852

Using 20 observations, the multiple regression model y = ₀ + ₁x₁ +₂x₂ + was estimated. Excel produced the following relevant results.

a)No the p value calculated from the F-test is .00000003 which is less than .05 therefore it is not significant

Hnece the answer is option C

b)Yes both are significant as the p value of variable are .3832 and .3666 which are greater than .05 thus both are significant

c)As we can see the individual variable are significant but they are not jointly significant therefore there is a problem of multicolinearity.

answer is option C

answer is option B