Part of the ANOVA summary table for using land area (X,) and age of a house (X,) to predict fair market value is shown to the right. The results also state that SSR(X,) = 156,738.3 and SSR (X2) = 306,...

Please calculate the test statistic fstat=

Extracted text: Part of the ANOVA summary table for using land area (X,) and age of a house (X,) to predict fair market value is shown to the right. The results also state that SSR(X,) = 156,738.3 and SSR (X2) = 306, 121.8. Complete parts (a) and (b) below. Sum of of Freedom Squares 422,061.6 Degrees Source Regression Error 27 181,929.2 603,990.8 Total 29 a. At the 0.05 level of significance, determine whether each independent variable makes a significant contribution to the regression model. On the basis of these results, indicate the most appropriate regression model for this set of data. Write the hypotheses for the contribution of the variable land area Ho: The variable land area does not significantly improve the model after the variable age of a house has been included. H,: The variable significantly improves the model after the variable age of a house has been included. land area Calculate the test statistic. FSTAT = (Round to two decimal places as needed.)