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78. Exhibit 15-8. A real estate analyst believes that the three main factors that influence an apartment's rent in a college town

78. 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: 3': = flu + [31": + [flxl‘ + #9}; + 5i . The following table shows a portion of the regression results. .\.\‘. ’\ .\ h‘hg’llll- m). a .l! xx .‘IS .l- i .r chICsswn 3 5604717 1898250 50 xx 40912213 Residual .‘m m :1 70 37.: l n lulu] 3") 7l)f\78‘)5 Nanlmi 7 jun? f 'rw'ffxclcnli .‘L‘I'v‘m' m’mr {wry-.13”: Laurr 75% ‘15 1’2.- llllcwcpl ,‘(Hl 8-1 [I 3 57 I) (IUII) L100} 47” 7‘) Bed P30 (.1) ,1 I 74 I) 1mm. 10.1 IS 11817 mm x0 55‘) 1 so u ”95 -24 :4 202.77 Skill 0 _‘ (MN ‘ "" ””276 003.1 ()3‘) Refer to Exhibit 15-8. When testing whether the explanatory variables are jointly significant at the 5% level, she A. Rejects H0, and concludes that the explanatory variables are jointly significant. B. Does not reject H0, and concludes that the explanatory variables are jointly significant. C. Rejects H0, and concludes that the explanatory variables are not jointly significant. D. Does not reject H0, and concludes that the explanatory variables are not jointly significant. 
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This question was created from Analytical Methods for Business, Completed Text Exam, Chapter 15 https://www.coursehero.com/file/11361701/Analytical-Methods-for-Business-Completed-Text-Exam-Chapter-15/?focusQaId=10819997

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