Assume you have noted the following prices for books and the…
Assume you have noted the following prices for books and the number of pages that each book contains. Book Pages Price A 500 $7.00 B 700 7.50 C 750 9.00 D 590 6.50 E 560 7.50 F 650 7.00 G 475 5.00 Regression Statistics Multiple R 0.79194025 R Square 0.62716936 Adjusted R Square 0.55260323 Standard Error 0.80609586 Observations 7 ANOVA df SS MS F Significance F Regression 1 5.465333 5.465333 8.41091496 0.033784497 Residual 5 3.24895271 0.64979054 Total 6 8.71428571 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 1.41532767 1.97392859 0.71701057 0.50545648 -3.658817306 6.48947265 -3.6588173 6.48947265 Pages 0.00937105 0.00323122 2.90015775 0.0337845 0.001064933 0.01767718 0.00106493 0.01767718 Is this regression equation statistically significant? How do you know? Be specific and use numbers from the output above.