Conduct F-test for the above model using F-table (in the lecture note) as well a

Question

Conduct F-test for the above model using F-table (in the lecture note) as well as p-value (in the ANOVA table) and interpret the results (Basically, you are asked to conduct an F test in two different ways). (5 point)

Selling Price ($)

Square Footage

Bedrooms

Age (Years)

84000

1670

2

30

79000

1339

2

25

91400

1712

3

30

120000

1840

3

40

127500

2300

3

18

132500

2234

3

30

145000

2311

3

19

164000

2377

3

7

155000

2736

4

10

168000

2500

3

1

172500

2500

4

3

174000

2479

3

3

175000

2400

3

1

177500

3124

4

0

184000

2500

3

2

195500

4062

4

10

195000

2854

3

3

Selling Price ($)

Square Footage

Bedrooms

Age (Years)

84000

1670

2

30

79000

1339

2

25

91400

1712

3

30

120000

1840

3

40

127500

2300

3

18

132500

2234

3

30

145000

2311

3

19

164000

2377

3

7

155000

2736

4

10

168000

2500

3

1

172500

2500

4

3

174000

2479

3

3

175000

2400

3

1

177500

3124

4

0

184000

2500

3

2

195500

4062

4

10

195000

2854

3

3

Explanation / Answer

Conduct F-test for the above model using F-table (in the lecture note) as well a

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