. The regression analysis below relates US annual energy consumption in trillions of BTUs to the independent variables "US Gross Domestic Product (GDP) in trillions of dollars" and "average gas mileage of all passenger cars in miles per gallon (mpg)."

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35. The regression analysis below relates US annual energy consumption in trillions of BTUs to the independent
variables "US Gross Domestic Product (GDP) in trillions of dollars" and "average gas mileage of all passenger
cars in miles per gallon (mpg)."
Which of the two independent variables is significant at the 0.01 level?
GDP only
Average car gas mileage only
Both independent variables
Neither independent variable
mergy Consumption, GDP, and Gas Mileage
ource
US Energy Consumption (in trillion BTUs)
vs. GDP (in $trillions) and Average Car Gas Mileage (in mpg)
Regression Statistics
Multiple R
R²
Adjusted R
Standard Error
Observations
Intercept
GDP
(Strillions)
Avg. car gas mileage (mpg)
0.9709
0.9426
0.9359
1,943
20
F test Results
F value Signif. F
139.64
Coefficients Std Error t Stat
63,672. 9,749
3,853
696
-70.50
697
6.53
5.53
-0.10
0.0000
P-value
0.0000
0.0000
0.9206
Transcribed Image Text:35. The regression analysis below relates US annual energy consumption in trillions of BTUs to the independent variables "US Gross Domestic Product (GDP) in trillions of dollars" and "average gas mileage of all passenger cars in miles per gallon (mpg)." Which of the two independent variables is significant at the 0.01 level? GDP only Average car gas mileage only Both independent variables Neither independent variable mergy Consumption, GDP, and Gas Mileage ource US Energy Consumption (in trillion BTUs) vs. GDP (in $trillions) and Average Car Gas Mileage (in mpg) Regression Statistics Multiple R R² Adjusted R Standard Error Observations Intercept GDP (Strillions) Avg. car gas mileage (mpg) 0.9709 0.9426 0.9359 1,943 20 F test Results F value Signif. F 139.64 Coefficients Std Error t Stat 63,672. 9,749 3,853 696 -70.50 697 6.53 5.53 -0.10 0.0000 P-value 0.0000 0.0000 0.9206
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