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QUESTION

A real estate research firm has developed a regression model relating list price (Y in $1,000) with two independent variables.

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1. What has been the sample size?

2. What is the value of the F test statistic for testing whether the regression model is significant? 

3. What is the rejection rule for testing whether the regression model is significant at the 0.05 level of significance?

4. What is the value of the t test statistic for testing whether the variable Acres is significant?

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