Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 14 - Section 14.31 - Assess Your Understanding - Applying the Concepts - Page 721: 20a

Answer

Yes. 0.05 is a small value for the P-value given that there are no serious consequences in accepting the regression model, if it is not appropriate.

Work Step by Step

Given above.
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