For the simple regression equation (a), conduct an individual significance tests at the 5% significance level to determine if SQFT is a significant predictor of Price.(Check photo for data) 2ASUMMARY OUTPUTRegression StatisticsMultiple R0.6115362R Square0.3739766Adjusted R S 0.3516186Standard Err 106918.89Observations30ANOVAdfSSMSSignificance FRegression11.912E+111.912E+11 16.726759 0.0003301Residual283.201E+11 1.143E+10Total295.113E+11Coefficients tandard Errot StatP-valueLower 95% Upper 95% Lower 95.0% Upper 95.0%Intercept168078.6939929.15 4.2094231 0.000239186287.531249869.8486287.531 249869.84SQ. FOOT71.96422417.59587 4.0898361 0.000330135.920719 108.00773 35.920719108.00773

Test is that whether SQFT is a significant predictor of Price. It is given that Level of…

Answered: conduct an individual significance…

conduct an individual significance tests at the 5% significance level to determine if SQFT is a significant predictor of Price

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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