Last answered:

15 Nov 2021

Posted on:

12 Nov 2021

1

Resolved: Question regarding p-value for the given exercise.

In the case of exercise, the p-value is 0.000 for both price and size. What does it mean? Are they both equally significant for the regression? I did not understand it clearly.

1 answers ( 1 marked as helpful)
Instructor
Posted on:

15 Nov 2021

2

Hey Jakia,

Thank you for your question!

A variable that has a p-value of 0.00 is significant and should not be excluded from the model.

Kind regards,
365 Hristina

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