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An F test for the two coefficients of promotional expenditures and district potential is performed. The hypotheses are H0: 1 = 4 = 0 versus Ha: at least one of the j is not 0. The F statistic for this test is 1.482 with 2 and 21 degrees of freedom. What can we say about the P-value for this test?

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Answer:

Pvalue > 0.10

Step-by-step explanation:

Given the hypothesis :

H0 : β1 = β4 = 0

H1 : Atleast one of βj is not 0

F statistic = 1.482 ;

Degree of freedom = 2 and 21 ;

DFnumerator = 2

DFdenominator = 21

Using the Pvalue calculator from Fstatistic ;

Pvalue(1.482, 2, 21) = 0.24999 = 0.25

Hence, Pvalue for the test is 0.25

Pvalue > 0.10

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