In a regression analysis involving 30 observations, the following estimated regression equation was obtained: y = 17.6 + 3.881x1 + 2.312x2 + 7.613x3 + 2.714x4. For this estimated regression equation, SST = 1805 and SSR = 1776.
a. At 0.05, test the significance of the relationship among the variables.
SSE = 45 (to 1 decimal, if necessary)
MSR = 440 (to 1 decimal, if necessary)
MSE = 1.8 (to 2 decimals, if necessary)
What is the value of the F test statistic (to 2 decimals)? Use Table 4 in Appendix B: 244.44
What is the p-value? Less than 0.01
Using α = 0.05, what is your conclusion? Conclude that the relationship is significant.