Consider the multiple linear regression given below. How many predictor variable

Question

Consider the multiple linear regression given below. How many predictor variables currently look "significant" in the model? Multiple Regression Standard Parameter Statistic Value Estimate Error CONSTANT 33113.2 9684.08 Latitude Longitude AthleticRevenue 0.0001411 0.00003500244.03115 0.0001 Endowment 3.41934 0.0009 1.41216 0.1610 0.4552790.6499 269.803 191.056 29.9439 65.7703 0.001734550.00106854 1.62329 0.1076 Analysis of Variance Sum of Squares F- P Ratio Value Source Df Mean Square 0.0000 Model 3.52982E9 4 882,455,000 Residual 9.8797E9 10197,818,800 Total (Corr.) 1.34095E10 105 R-squared 26.3232 percent

Explanation / Answer

Here, only one predictor variable i.e AthleticRevenue is significant in the model. Because P value is less than level of significance only for Athletics Revenue.

For other predictor variable are not significant because p value is greater than level of significance.

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