Question #211999

How to tell (know) if an explanatory variable has impact or not and how much?


1
Expert's answer
2021-07-02T11:39:08-0400

To test the explanatory power of the whole set of explanatory variables, as compared to just using the overall mean of the outcome variable, use the F-statistic and the p-value printed by SPSS or Excel under “ANOVA.”


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