The model below was fitted to a random sample of 30 families in order to explain household consumption of eggs (Y) based on weekly income (X4) and family size (X2). Y = -0.025 + 0.052X, + 1.14 X2, SST=62.1 and SSR =88.2. What is the value of the test statistics for testing the overall significance of the model? Answer:

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The model below was fitted to a random sample of 30 families in order to
explain household consumption of eggs (Y) based on weekly income (X1)
and family size (X2).
Y = -0.025 + 0.052X1 + 1.14 X2,
SST=62.1 and SSR =88.2.
What is the value of the test statistics for testing the overall significance of
the model?
Answer:
Transcribed Image Text:The model below was fitted to a random sample of 30 families in order to explain household consumption of eggs (Y) based on weekly income (X1) and family size (X2). Y = -0.025 + 0.052X1 + 1.14 X2, SST=62.1 and SSR =88.2. What is the value of the test statistics for testing the overall significance of the model? Answer:
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