The estimated can be applied to predict the house value because it is a good fit

Question

The estimated can be applied to predict the house value because it is a good fit. the p-value of F test is smaller than 0.05. the p-values of/test and F test are equal and less than 0.05. All of the above. The interval estimate at a 95% confidence level for the coefficient of annual income is not available from Exhibit 1. from -40.42 to 16.82. from 1.56 to 2.80. 2.18 plusminus 0.28. Given the estimated regression function, if a household's annual income increases by $10,000, then the house value they would like to purchase will increase by $2,184. increases by $21,843. increases by $218,425. unchanged. In simple linear regression analysis, which of the following is not true? The F test and the t test yield the same results. The F test and the I test may or may not yield the same results. The relationship between x and y is represented by means of a straight line. The value of f=t^2.

Explanation / Answer

4) WHENEVER WE ARE READY TO GET THE ESTIMATED TO GET THE VALUES IT GENERALLY MEANS THAT ITS A GOOD FIT, HENCE OPTION A IS CORRECT

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