17) The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data.If we wanted to test for heteroscedasticity, what is the test statistic? (please round your answer to 2 decimal places) Regression StatisticsMultiple RR SquareAdjusted R Square0.8460.7150.653Standard Error872.9Observations49ANOVAdfSSMSRegressionSignificance F976575468850838511.21.03933E-08Residual4030479336761983Total49107054804CoefficientsStandard Error t StatP-valueInterceptMSRP_Amt17270.812684.716.430.000.350.065.550.00Manual384.14309.311.240.22Convertible-814.13375.34-2.170.04VIN8_6CylinderMileage_SaleModelYearAge_MonthsCondReptAmtRepairAmtInventoryAge_Days-637.40452.57-1.410.17-64.4114.82-4.350.00-276.4541.09-6.730.00-0.500.49-1.020.311.520.702.170.04-7.9110.17-0.780.44SUMMARY OUTPUTRegression StatisticsMultiple RR SquareAdjusted R SquareStandard Error0.7240.5240.4231622.0Observations52ANOVAdfSSMSSignificance FRegression116147955129053284.900.000104741Residual401052473382631183Total49221395293CoefficientsStandard Error t StatP-valueInterceptMSRP Amt13992.203169.784.410.000.190.072.720.01Manual629.14459.841.370.18Convertible-920.901060.78-0.870.39VIN8 6Cylinder-1251.81752.26-1.660.10Mileage_Sale-49.7113.24-3.750.00ModelYearAge_MonthsCondReptAmtRepairAmtInventoryAge_Days-153.0455.28-2.770.01-0.490.32-1.530.13-1.091.09-0.990.33-19.887.84-2.540.01

Given Dependent variable of used car selling price Find If we wanted to test for heteroscedasticity,…

The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data. If we wanted to test for heteroscedasticity, what is the test statistic? (please round your answer to 2 decimal places

The following results are from data where the dependent variable is the selling price of used cars, the independent variables are similar to those in the above regression along with some additional variables. The data were split into 2 samples and the following regression results were obtained from the split data. If we wanted to test for heteroscedasticity, what is the test statistic? (please round your answer to 2 decimal places

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.6: Higher-degree Polynomials And Rational Functions

Problem 12SBE

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