In Model (4), where happiness is regressed on income, age, and education, the reported F-statistic is 115.1 with very small p-value. At the 5% significance level, what conclusion should we draw from this test?

Question

Accepted Answer

At least one predictor (income, age, or education) is significantly related to happiness.

Answer

There is no evidence any predictor explains happiness.

Answer

All predictors are equally important.

Answer

None of the coefficients are significant individually.

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In Model (4), where happiness is regressed on income, age, and education, the re...

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