Solved

The Following Computer Printout Estimated Overhead Costs Using Regression  R Square (R2) 0.80 Standard Error (Se) 25.03 Observations 17\begin{array}{cc}\text { R Square (R2) } & 0.80 \\\text { Standard Error (Se) } & 25.03 \\\text { Observations } & 17\end{array}

Question 160

Multiple Choice

The following computer printout estimated overhead costs using regression: t for H(0)   Std. errorParameter  Estimate Parameter =0 Pr>t of parameter  Intercept 100.414.810.000320.88 DLH 14.056.780.00012.07\begin{array}{ccccc}&\text {\(t \text { for } H(0) \) }&&&\text { Std. error}\\ \text {Parameter }& \text { Estimate}& \text { Parameter \( =0 \) }&\text {\( \operatorname{Pr} >\mathrm{t} \) }& \text {of parameter }\\\text { Intercept } & 100.41 & 4.81 & 0.0003 & 20.88 \\\text { DLH } & 14.05 & 6.78 & 0.0001 & 2.07\end{array}

 R Square (R2)  0.80 Standard Error (Se)  25.03 Observations 17\begin{array}{cc}\text { R Square (R2) } & 0.80 \\\text { Standard Error (Se) } & 25.03 \\\text { Observations } & 17\end{array}
Please find the following statistical table
 degrees  of freed om 90%95%99% degrees of  freedom 90%95%99%16.31412.70863.657111.7962.2013.10622.9204.3039.925121.7822.1793.05532.3533.1825.841131.7712.1603.05542.1322.7764.604141.7612.1453.01252.0152.5714.032151.7532.1312.94761.9432.4473.707161.7462.1202.92171.8952.3653.499171.7402.1102.89881.8602.3063.355181.7342.1012.87891.8332.2623.250191.7292.0932.861101.8122.2283.169201.7252.0862.845\begin{array}{|c|c|c|c|c|c|c|c|}\hline \begin{array}{c}\text { degrees } \\\text { of freed om }\end{array} & 90 \% & 95 \% & \mathbf{9 9 \%} & \begin{array}{c}\text { degrees of } \\\text { freedom }\end{array} & \mathbf{9 0 \%} & \mathbf{9 5 \%} & \mathbf{9 9 \%} \\\hline 1 & 6.314 & 12.708 & 63.657 & 11 & 1.796 & 2.201 & 3.106 \\\hline 2 & 2.920 & 4.303 & 9.925 & 12 & 1.782 & 2.179 & 3.055 \\\hline 3 & 2.353 & 3.182 & 5.841 & 13 & 1.771 & 2.160 & 3.055 \\\hline 4 & 2.132 & 2.776 & 4.604 & 14 & 1.761 & 2.145 & 3.012 \\\hline 5 & 2.015 & 2.571 & 4.032 & 15 & 1.753 & 2.131 & 2.947 \\\hline 6 & 1.943 & 2.447 & 3.707 & 16 & 1.746 & 2.120 & 2.921 \\\hline 7 & 1.895 & 2.365 & 3.499 & 17 & 1.740 & 2.110 & 2.898 \\\hline 8 & 1.860 & 2.306 & 3.355 & 18 & 1.734 & 2.101 & 2.878 \\\hline 9 & 1.833 & 2.262 & 3.250 & 19 & 1.729 & 2.093 & 2.861 \\\hline 10 & 1.812 & 2.228 & 3.169 & 20 & 1.725 & 2.086 & 2.845\\\hline\end{array}
During the last accounting period 10,000 DLH were worked.
Find the t-value for a 90 percent confidence level.


A) 1.740
B) 1.753
C) 6.314
D) 2.920

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents