PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.,, 44. The selling prices of 35 properties in Brahminton are given in the attached file Data_Brahminton.xlsx. An agent
wants to describe the set except for the property at 38 Longleaf Pine Road, which is listed at $4,254,300. Which
of the following is true?

The median list price of the remaining properties is $343,460.

• The median list price of the remaining properties is $346,730.
The median list price of the remaining properties is $350,000.
The median list price of the remaining properties is $358,258.
W\nd BathTusuc.Rolls

• •

•
2.S •
•
• •

• •
10 •

Wlnd Rt,<tn . l: SD

Which of the following statements best characterizes the relationship between revenue and bathroom tissue
usage for Acme Multiplex Cinema?

There appears to be no correlation.

There is a strong nonlinear correlation.
There is a strong negative correlation.
There is a moderate linear correlation.
., 41. Dixie Do-nuts sells its doughnuts in several local convenience stores. They persuade one of the stores (Store 1)
to place their product closer to the coffee machines. Their marketing department keeps daily logs of the number
of doughnuts sold in Store 1 and a second store (Store 2) over a period of 5 weeks. A marketing specialist then
tests the hypothesis that the average number of doughnuts sold in each store is the same. A computer output is
shown below, where Donuts 1 and Donuts 2 reoresent the dailY.doughnut sales in Stores 1 and 2, respectively.

Two sample Z hypothesis test:

µ1 : Mean of Donuts 1 (Std. dev. :;;;2.3867)

µ2: Mean of Donuts 2 (Std. dev. = 2.4917)
µ1 - µ2: Difference between two means
Ho: µ1 - µ2 = 0
HA: µ1 - µ2-:/:.0

Hypothesis test resu Its:

Difference n1 n2 Sample mean Std. err. Z-stat P-value

38 44 -3.9437799 0.53945106 -7.3107279 <0.0001

Which of the following is the best assessment of the test results, at a 0.05 significance level?

More doughnuts were sold in Store 1 than in Store 2.

The average doughnut sales in the two stores are different.
There is a difference in sales, but it is not statistically significant.
No conclusion can be drawn from the data.
 DP« led Prcl!'.
ts

Glt.-t
• • r Sl.000..000
060

SlN.U
1utn S63().@
OAU

[ v.v• -$280,000 -Sl00.000

060

The CEO is nervous about the probability of a successful development. What are all the values of p, the
probability of success, for which the expected monetary value indicates that the venture be profitable?

p>0.70
p<0.70
p>0.125
p< 0.167
 L•pected ,rofib

Grut
CIV~,. $1,960 000 Sl,000,0CO
" t
0 60
5..cettf
070
E.';1V Sl.218.000 Sm

"040" S,.100,00

D lo

y~ .....
-s:rao.ooo •$100,
Ota
t

NoV•~bie
-s-100
0 b0

If the CEO decides not to pursue it, which is the best description of the CEO's attitude toward risk?

risk averse
risk neutral
risk seeking
There is not enough information available to answer the question.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 38. A random sample of Erewhon College students was asked whether they thought the early 2020 COVID-19
quarantine restrictions were "Acceptable" or ''Too strict". The students were also asked whether they belonged to
the "Wisdom" party or the "Beauty" party. The following table includes data on the number of respondents
belonging to the Wisdom or Beauty parties, as well as whether the response was "Acceptable" or "Too Strict."

Quarantine
Acceptable Too Strict Total
Wisdotn 84 16 100
Party
Beauty 65 35 100
Total 149 51 200

What is the conditional probability (to the nearest tenth of a percent) that a student belongs to the "Wisdom"
party, given that their answer was "Too Strict?"

45.7%
31.4%
16.0%
8.0%
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.,, 37. A market research consultant takes a random sample of 900 potential customers and asks whether they have a
favorable impression of Ravenweyr Realty. They find 64% of the potential customers in the sample have a
"somewhat favorable" or "very favorable" impression. Which of the following is a 95% confidence interval for the
true proportion?

[0.599, 0.681]
[0.609, 0.671]
[0.614, 0.666]
[0.624, 0.656]
 10

2000000
Price

Which of the following is the best description and response to this data point?

It is an outlier and clearly is a mistake. Delete it from the graph.

It is an outlier and clearly represents an outstanding property. Feature it as a typical Ravenweyr Realty
offering.
It is an outlier. Investigate what makes it different, but don't delete it.
It is the maximum value, but not an outlier. Don't delete it.
 CtpcH~d
ProlU

O,; r•t~
M• ct $2,000.0:x>
07S

DorH
0G ;at_r
M.io r'I ssoo.o:.:i
cus

V !II.able
:hollmt'IS -SZOO.OX'
OA.Cl

'4o "y
;,.;al <ll'\ -SSOJ.O
060

What is the expected monetary value of developing the new software?

$1.502 million
$1.324 million
$1.224 million
$1.200 million
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.,, 34. The correlation coefficient between two variables is -1 . Which of the following statements best describes the
relationship between these two variables?

It is weak and negative.

It is negative and linear.
It is strong and nonlinear.
It is weak and positive.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.,, 33. The Homepalooza Company wants to calculate a 95% confidence interval for the average price of a
Homepalooza house. A random sample of 40 listings gives an average selling price of $330,410, with a standard
deviation of $122,090. Which is a 95% confidence interval for the mean selling price?

[$292,525, $368,245]
[$280,686, $380,134]
[$269,301, $391,519]
[$266,889, $393,931]
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 32. Dixie Do-nuts is considering expanding from North Carolina into Tennessee, where the competing doughnut
chain Gimme Sugar is based. A market research firm did a blind tasting study in each state to test the hypothesis
that the proportion preferring Dixie Do-nuts to Gimme Sugar is the same in both places. The study finds that 54%
of the 168 people surveyed in North Carolina prefer Dixie Do-nuts, while 49% of the 175 people surveyed in
Tennessee prefer Dixie Do-nuts.

Based on a 0.05 significance level, which of the following conclusions can be drawn?

The study did not find a statistically significant difference in doughnut preferences between the two
states.
More people prefer Dixie Do-nuts in North Carolina than in Tennessee.
The data prove that the alternative hypothesis is true.
Expanding into Tennessee would be a waste of resources.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 31. A regression analysis of 35 homes represented by Ravenweyr Realty yielded the following prediction equation.

Price = -32,526 - 617 * Time_ To_Subway + 214 * Size

where Price is the selling price in US dollars, Time_ To_Subway is measured in minutes, and Size is interior floor
space in square feet. Morgan wants to buy a home that has 1,500 square feet and is 10 minutes from the
subway. Which is the best estimate of the home's price?

$175,304
$282,304
$347,356
$895,114
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 30. The SAT scores of first-year students entering Erewhon College are normally distributed with a mean of 1375
and a standard deviation of 98. Using the rule of thumb for a normal curve, what range contains the middle 95%
of their SAT scores?

Between 1373 and 1377

Between 1277 and 1473
Between 1375 and 1571
Between 1179 and 1571
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

29. From previous experience, Red Banjo Brewing knows that its machinery produces bottles of Porter with a mean
volume of 12.0 fluid ounces (fl oz) of beer. The standard deviation of the volume is 0.24 fl oz. A quality assurance
engineer plans to choose a random sample of 36 bottles to verify this mean volume. If the machine is working as
expected, in which interval should about 95% of the sample means lie?

[11.52, 12.48]
[11.76, 12.24]
[11.92, 12.08]
[11.96, 12.04]
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

28. A political research firm wants to assess how favorably residents of a state view their governor. The firm created
a Facebook ad aimed at all residents of the state that asks, "Do you think your governor is doing a good job?"

Which of the following statements best describes the quality of the results?

The survey is unbiased because everyone uses Facebook.

The survey is probably biased because people who don't live in that state will not receive the ad.
The survey is probably biased because the response is voluntary.
The survey is unbiased because you can count on everyone to see and read the ads that show up on
Facebook.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

27. The marketing manager at FlatCola Cybersystems analyzed the relationship between the company's advertising
expenditures and its gross sales for a period of several months, and determined the regression equation

Sales= 684,402 + 84.623*Advertising,

where both Sales and Advertising are measured in dollars.

Which of the following is not a reasonable conclusion to draw from the regression equation?

For each additional dollar spent on advertising, FlatCola can expect an average of $84.62 in additional
sales.
For each thousand additional dollars spent on advertising, FlatCola can expect an average of $84,623
in additional sales.
For each additional dollar spent on advertising, FlatCola can expect an average increase of $684,402 in
additional sales.
There is a positive relationship between advertising expenses and gross sales.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

26. A random sample of Erewhon College students was asked whether they thought the early 2020 COVID-19
quarantine restrictions were "Acceptable" or ''Too strict". The students were also asked whether they belonged to
the "Wisdom" party or the "Beauty" party. The following table includes data on the number of respondents
belonging to the Wisdom or Beauty parties, as well as whether the response was "Acceptable" or "Too Strict."

Quarantine
Acceptable Too Strict Total
Wisdotn 84 16 100
Party
Beauty 65 35 100
Total 149 51 200

Which of the following statements is true?

The fact that a student says the quarantine was "Acceptable" tells us nothing about their party
membership.
The fact that a student belongs to the Beauty party tells us nothing about their opinion on the
quarantine.
A greater percent of students who say the quarantine was "Acceptable" belong to the Wisdom party
than the percent of students who say the quarantine was "Too Strict" that belong to the Beauty party.
Opinion on the quarantine and party membership are statistically dependent.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

25. Ravenweyr Realty, Brahminton Realty, and Homepalooza are the three largest realtors in Brahminton. The
attached file Data_Brahminton.xlsx gives the selling prices of the most recent listings for each firm. Based on the
coefficient of variation, which firm has the most variability in selling prices?

Brahminton Realty
Homepalooza
Ravenweyr Realty
The prices of all three are equally variable.
.,, 24. The regression analysis below describes the relationship of tickets sold on weekend nights at Acme Multiplex
Cinemas to a film's Razzberries.bizz rating and the dummy variable "3-D." When the film is being shown in 3-D,
the dummy variable is 1; when it does not have a 3-D showing, the dummy variable is 0.

A B C D E
1 Tlckets sold vs. Ranberrf M and 3-0
1

2
3 RegressionStatistics
4 Multiple R 0.9973
s RSquare 0.9946
6 AdjustedRSquare 0.9925
7 StandardError 25.2376
8 Observations 8.0000
9
10 ANOVA
- --
11 df ss MS F
12 Regreulon 2.0000 S90496.1$12 29S248.09S6 46,3.543-8
13 Residual 5.0000 3184.6838 636.9368
14 Total 7.0000 593680.8750

Coefficients Standard Error tStat P-value

Intercept -36s.2n1 101.0612 -3.6441 0.0148
Rauberrles 6.0147 1.4427 4.1690 0.0087
3-0 417.95S9 33.9274 12.3191 0.0001

Which of the following statements can be inferred from the regression analysis?

On average, films showing in 3-D sell about 418 more tickets than films not showing in 3-D.
On average, films showing in 3-D sell about 6 more tickets than films not showing in 3-D.
There is no statistically significant difference in sales associated with the Razzberries.bizz rating.
There is no statistically significant difference in sales between 3-D and non-3-D movies.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

23. Which of the following statements is not true for a normal distribution?

The curve describing the distribution is bell-shaped and symmetric.

It is sometimes right-skewed.
It is completely characterized by its mean and its standard deviation.
Its mean and median are always equal.
 -
Red Banjo IPA (pints) vs. Daily High Temperature (degrees Fahrenheit)

Regression Stclistk:s
1
Multiple R 0.825
R Square 0.680
Adjosted R Squar~ 0.675
Standard Error 3.076
Observ~tions 61.000

ANOVA
I df ss MS F Signiflcanct f
IRegression 1.000 1186.629 1186.629 125.440 0.000
Residual 59.000 558.125 9.460
Total 60.000 1744.7S4
I

1
Coeffident5 Standard Error t Stot P·voluc Lower95% Upper95%
fntercept 53.617 9.4S4 5.671 0.000 34.699 72.534
Hi~h Teme 1.S25 0.136 11.200 0.000 1.2S3 1.798

What do the values "1 .253" and "1 .798" for the variable High Temp tell us?

There is a 95% chance that on average, each increase of one degree in the temperature will cause at
least 1.253 extra pints of IPA to be consumed.
There is a 95% chance that on average, each increase of one degree in the temperature will cause
upwards of 1.798 extra pints of IPA to be consumed.
At the 95% confidence level, it is plausible that the slope of the regression line is between 1.253 and
1.798.
At the 95% confidence level, it is plausible that they-intercept of the regression line is between 1.253
and 1.798.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Requiredto Pass) view results

20. A regression analysis of 35 homes represented by Ravenweyr Realty yielded the following prediction equation.

Price = -32,526 - 617 * Time_ To_Subway + 214 * Size

where Price is the selling price in US dollars, Time_ To_Subway is measured in minutes, and Size is interior floor
space in square feet.

Which statement is the best interpretation of the coefficient "-617"?

On average, the selling price decreases by $617 for each minute of distance to the subway, when
controlling for house size.
On average, the selling price decreases by $617 for each minute of distance to the subway, when not
controlling for house size.
On average, the selling price increases by $617 for each minute of distance to the subway, when
controlling for house size.
On average, the selling price increases by $617 for each minute of distance to the subway, when not
controlling for house size.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 19. The management intern at Acme Multiplex Cinema wants to predict the ticket sales of movies from their score at
the rating site Razzberry.bizz. A sample of the weekend ticket sales for four films, with their Razzberry ratings, is
shown below.

~ A I B
TicketsSold Razzberries
620 94
3 620 94
4 24 62
5 20 62
6 512 85
7 520 85
8 150 77
9 143 77

Which of the following regressions is correct using Razzberries as the independent variable and Tickets Sold as
the dependent variable?

Tickets Sold= 65 + 0.04*Razzberries

Razzberries = 65 + 0.04*Tickets Sold
Tickets Sold = -1266 + 20.03*Razzberries
Razzberries = -1266 + 20.03*Tickets Sold
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 18. A quality assurance technician samples 9 bottles of Red Banjo Pilsner that are labeled as containing 12 fluid
ounces of beer. The measurements are shown below.

Pils. No. Volume {fl oz)

1 12.21
2 12.22
3 12.12
4 11.81
5 11.95
6 12.10
7 12.20
8 12.24
9 12.14

What is the mean volume per bottle for this sample?

11.95 ounces.
12.04 ounces.
12.11 ounces.
The association plans to sample its members next year to see if their incomes have changed. Which of the
following best describes the distribution of the possible sample means?

Skewed right
Normal
Skewed left
Bimodal
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 16. A public-interest group plans to survey a sample of Americans on their attitudes toward a single-payer health
system. Which of the following questions is least likely to introduce bias into this survey?

Whom do you want to handle your health care costs: your current insurance company or incompetent
government bureaucrats?
Would you prefer to have your health insurance from the government, or from wealthy for-profit
corporations?
Do you want to be forced to give up your current insurance provider?
Do you favor switching from your current health insurance system to a single-payer system?
 I ~ ·- ::1 --....
.......__,, __--

Multiple R 0.9646
R Square 0.9305
Adjusted R Square 0.8610
Standard Error 267.1889
Observations 5.0000

ANOVA
df ss MS F I
Regression 2.0000 1911820.2258 955910.1129 13.3900
Residual 2.0000 142779. 7742 71389.8871
Total 4.0000 2054600.0000

I
I
Coefficients Standard Error t Stat P•value I
Intercept -36.4411 253.5583 -0.1437 0.8989
PSAAds 0.0901 0.0205 4.3947 0.0481
Lagged PSA Ads 0.0244 0.0253 0.9639 0.4368

Which of the following statements is not true?

There is a positive association between current month advertising and PSA sales.
Variability in both the independent variables explains 93% of the variation in PSA sales.
The coefficient of the "Intercept" is not statistically significant.
The lagged variable provides statistically significant information for predicting PSA sales.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.,, 14. A regression analysis of Ravenweyr Realty's current listings yielded the following equation.

Price= -32,000 - 617*Time_ To_Subway + 214*Size,

where Price is measured in US dollars, Time_ To_Subway is measured in minutes, and Size is measured in
square feet.

What does the coefficient "-617" tell us about a home price?

On average, considering houses of all sizes, the price drops by $617 for each minute of distance from
the subway.
On average, when controlling for house sizes, the price drops by $617 for each minute of distance from
the subway.
On average, considering houses of all sizes, increasing the distance to the subway by one minute
increases the price of the home by $617.
On average, when controlling for house sizes, increasing the distance to the subway by one minute
increases the price of the home by $617.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 13. A quality assurance manager for Red Banjo Brewing is authorized to select a sample of 25 bottles of Honey Ale
and determine a 95% confidence interval for the mean volume of ale in each "12-ounce" bottle. The 25 bottles
have a mean volume of 12.01 fluid ounces (fl oz), with a standard deviation of 0.10 fl oz. Which is a 95%
confidence interval?

[11.80, 12.20]
[11.97, 12.05]
[11.98, 12.04]
[11.94, 12.08]
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

., 12. Which of the following statements is true for standard deviation?

The standard deviation equals the central, or "standard," value of a data set.
The larger the standard deviation, the more tightly the data values are grouped around the center.
The standard deviation must be a value between -1 and 1.
The smaller the standard deviation, the more tightly the data values are grouped around the center.
 I Regression Statistics
I Multiple R 0.9829
R Square 0.9662
Adjusted R Square 0.9650
Standard Error 1.0008
Observations 61.0000

ANOVA
,I

df ss MS F
Regression 2.0000 1659.0517 829.5259 828.1576
Residual S8.0000 58.0958 1.0017
Total 60.0000 1717.1475
I I
I

I
Coefficients Standard Error t Stat P-volue !
I Intercept 80.6538 2.0535 39.2755 0.0000
Percentag,e 113.3842 10,1946 11.1220 0.0000
Customers -0.3132 0.1607 -1.9490 0.0561

Which of the following is the most likely reason for the dramatic rise in the P-value for the number of customers
in the multiple regression?

Heteroscedasticity
Homoscedasticity
Multicollinearity
Nonlinearity
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

9. An analysis of advertising expenses and gross sales for FlatCola Cybersystems produced the following
regression equation:

Sales= 684,402 + 84.623*Advertising,

where both Sales and Advertising are measured in dollars.

In a month in which $12,500 is spent on advertising, what is the average amount predicted for the company's
gross sales (rounded to the nearest hundred)?

$84,600
$685,500
$1,742,200
$8,555,100
., 8. The regression analysis below describes the relationship between selling price and house size for 35 of
Ravenweyr Realty's properties.

Ravenweyr SellingPrice vs. House Size

I

Regression Statistics
MuJtiple R 0.9998
R Square 0.9997
Adjusted R Square 0.9996
Standard Error 12670.3022
Observations 3S.0000

ANOVA
I

df 55 MS F '
Regression 1.0000 15141S85214185.8000 1514158S214185.8000 94318.6113
R~sjdual 33.0000 5297706414.5012 160536558.0152
Total 34. 0000 15146882920600. 3000
I I
I
Standard crror
1
Coeffldents t Stat P•value
Intercept -45938.6917 2679.8937
-- -17.1420 0.0000
Size 213.7141 0.69S9 307.1134 0.0000

Which of the following is the best interpretation of the computer output?

The P-values signify that there is zero correlation between house size and price.
The variability in house sizes accounts for exactly 99% of the variability in selling prices.
The variability in house sizes accounts for 99.97% of the variability in selling prices.
Ravenweyr would have to pay somebody to take a 200-square foot studio condo off their hands.
 upecttd P\'ofits

C w
0 r,o

•$.l0,000
0 «>
A>dd

V.:itd
. ( l w
0,10

$.l0.000
0.90

To the nearest dollar, how much profit must be associated with "Wild Success" for Red Banjo to expect a net
profit from the new brew?

W>$24,444
W<$24,444
W > $20,000.00
W < $20,000.00
 AcmeMultiplex Cinemas- Revenuevs. Customers

RegressionSt.atistics
Multiple R ===-}= 0.9886
R Square 0.9773
Adjusted R Square 0.9755
Standard Error 5273.5139
Observatrons 14.0000

ANOVA
df ss MS F
Re,greS-sion --------T'---
1 14394570252 14394570252 518
ResiduaI 12 333719384 27809949
Total 13 14728289636
-··- - -- ~ - - -- -- . -

Coefficients Standard Error tStot P-vaJue

j Intercept --~-125.5445 -- 1890.3588 -0.0664 0.9481
)customers 20.6004 0.9055 22.7509 0.0000

Which of the following statements cannot be inferred from the regression analysis?

We can be 94.8% confident that on average, an increase in customers corresponds to an increase in

revenue.
On average, each increase in customers corresponds to an additional $20.60 in revenue.
There is a nearly perfect linear correlation between the number of customers and the total revenue.
Of the variability of daily revenue about its average value, 97.7% of the variation can be explained by
the regression equation.
 170
•
• •
• • •
•
• • •,/-·
165 • •
•

•
160 • • • •
• • •
•
• •
• •
155 • • •
• •
•
•
ISO •
•
•
66 68 70 72 74
H1 h Temperature.
de rttS fahrt:nhtU

Which of the following statements define residual errors?

The shortest (perpendicular) distances from the data points to the regression line.
The vertical distances from the data points to the regression line.
The shortest distance from each data point to the closest neighboring point.
The horizontal distances from the data points to the vertical axis.
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.., 3. A research firm told FlatCola Cybersystems that its favorability rating among customers had increased from last
year's rating of 9.1 (out of a possible 10). The fine print says that this conclusion is "statistically significant at the
0.05 level." Which of the following is a correct interpretation of this statement?

I. There is a 5% chance that the true rating is greater than 9.1.

II. 5% of customers do not have a favorable opinion of FlatCola.
111.There is a 5% chance that this conclusion is incorrect.

I only
II only
Ill only
I and II only
PASS I 40 of 44 Correct I 90% / 65% (% Correct I% Required to Pass) view results

.., 2. A statistics class of 200 students of Erewhon College was asked whether they thought the current quarantine
rules were acceptable, or whether they were too strict. Each student was also asked whether they belonged to
the "Wisdom" party or the "Beauty" party. The results are summarized below.

Quarantine
Acceptable Too Strict
Party Wisdom 84 16
Beauty 65 35

Which of the following statements cannot be inferred from this contingency table?

Of the students who responded "Too Strict," a majority belong to the Beauty party.
The proportion of students who find the rules acceptable and belong to the Wisdom party is 42%.
Of all students surveyed, 74.5% find the rules acceptable.
16% of all students belong to the Wisdom party and think the rules are too strict.
.,, 1. The regression analysis below relates the selling price of homes (in US dollars) to travel time to the subway (in
minutes) and size (in square feet of interior floor space) for 35 selected properties.

SellingPricevs. Time to Subway and Size

I
I RegressionStatistics
Multiple R 0.9999
1

R Square 0.9997
Adjusted R Square 0.9997
Standard Error 1118S.3461
Observations 35.0000

I
df SS MS F
Regression 2.0000 15142879337650.8000 7S71439668825.4100 60S17.3097
Residual 32.0000 4003582949.4671 125111967.1708
Total .34.0000 15146882920600.3000 I
I I

I I
Coefficients StandardError t Stat P-value
Intercept -32526.3326 4794.6239 6.7839 0.0000
nme to Subway -617.1737 191.8974 -3.2162 0.0030
Size 213.6865 0.6144 347.8068 0.0000

Which of the two independent variables is statistically significant at the 0.05 level?

Time to subway only

Size only
Both independent variables
( Neither independent variable