BUSI 1013 Final Exam V2.1.docx - WWW.YORKVILLEU.CA Ontario...

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Ontario BBA program FINAL EXAMINATION Student’s Name: ID # (Please Print) Course: BUSI 1013 Section: Date: Week 11 Time: Class time Professor: Duration: 3 Hours General Instructions, Do not open this exam paper until told to do so. No papers, cellphones, briefcases, or any other cases are allowed at student desks while the examination is in progress. No books, notes, formula sheets, electronic dictionaries etc. are allowed unless specified by the examining instructor. Coats, jackets, or any other article of clothing not being worn may not be left at student desks during the examination. Student must place his/her student I.D. card face up on the desk in the right- hand corner. No student will be allowed to write an examination without her/his student I.D. card. Students are allowed to start writing their exam up to one-half hour after the scheduled start time. No student will be allowed to leave the examination room while exam is in progress unless he/she is prepared to hand in their exam. Time Allowed: 3 hours 1 BUSI 1013 Final Exam Ontario BBA program
Total: 72 Points Question 1 (8 Points) A real estate research firm has developed a regression model relating list price (Y in $1,000) with two independent variables. The two independent variables are number of bedrooms and size of the property. Part of the regression results are shown below. ANOVA df SS MS Regression 2 256881.37 128440.68 Residual 46 739058.54 16066.49 Coefficients Standard Error t Stat Intercept 54.298 71.326 # Bedrooms 53.634 5.271 Acres 21.458 37.630 1. What has been the sample size? ( 2 Points ) 2. What is the value of the F test statistic for testing whether the regression model is significant? ( 2 Points 3. What is the rejection rule for testing whether the regression model is significant at the 0.05 level of significance? ( 2 Points ) ) 2 BUSI 1013 Final Exam Ontario BBA program

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