Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables: Using  = 0.05,Louis should ___. A)increase the sample size B)suspend judgment C)not reject H₀:  ₁ = 0 D)reject H₀:  ₁ = 0 E)do not reject H₀:  ₀ = 0

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The Answer of Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables: Using  = 0.05,Louis should ___. A)increase the sample size B)suspend judgment C)not reject H₀:  ₁ = 0 D)reject H₀:  ₁ = 0 E)do not reject H₀:  ₀ = 0

Louis Katz,a Cost Accountant at Papalote Plastics,Inc