Is the relationship between Red Sox away games and average daily revenues significant at the 95% confidence level? Choose the correct answer with the corresponding correct reasoning. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Erro Observations ANOVA 0.4746 0.2252 0.2091 466.32 50 df MS Significance F Regression Residual Total 3.03E+06 1.04E+07 1.35E+07 3.03E+06 13.95 0.0005 48 2.17E+05 49 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 1,768.32 Intercept Red Sox away game (1-yes, 0-no) 99.42 17.79 0.0000 1,568.42 1968.21 496.25 132.85 3.74 0.0005 229.13 763.38
1. No, because R Square is less than 50%
2. Yes, because the slope is positive.
3. Yes, because the p-value of the intercept is less than 0.05
4. Yes, because the p-value of the intercept is less than 0.95
5. Yes, because the p-value of the independent variable is less than 0.05
6. Yes, because the p-value of the independent variable is less than 0.95