Why is F statistic positive?
Keeping this in view, what does the F statistic tell you?
An F statistic is a value you get when you run an ANOVA test or a regression analysis to find out if the means between two populations are significantly different.
People also ask, why is F distribution positively skewed?
A distribution is positively skewed if the mean is greater than the median. This shows that the distribution of household incomes is positively skewed. The shape of the F-distribution varies with its degrees of freedom (df).
Interpreting the Overall F-test of Significance Compare the p-value for the F-test to your significance level. If the p-value is less than the significance level, your sample data provide sufficient evidence to conclude that your regression model fits the data better than the model with no independent variables.