A simple linear regression model has been developed and an F test is going to be conducted to determine whether the model is statistically significant. Select whether each statement about the F test is correct or not correct. a) The F test is a two-tail test. b) The F test assesses whether the parameter β1 is 0. c) The test statistic used in the F test is the ratio of the regression sum of squares and the error sum of squares.
A simple linear regression model has been developed and an F test is going to be conducted to determine whether
the model is statistically significant. Select whether each statement about the F test is correct or not correct.
| a) | The F test is a two-tail test. |
| b) | The F test assesses whether the parameter β1 is 0. |
| c) | The test statistic used in the F test is the ratio of the regression sum of squares and the error sum of squares. |