SCENARIO 14-5
A microeconomist wants to determine how corporate sales are influenced by capital and wage
spending by companies.She proceeds to randomly select 26 large corporations and record
information in millions of dollars.The Microsoft Excel output below shows results of this multiple
regression.
Introduction to Multiple Regression 14-17
-Referring to Scenario 14-5, what is the p-value for testing whether Wages have a negative impact
On corporate sales?
A) 0.05
B) 0.0001
C) 0.00005
D) 0.99995

Question

SCENARIO 14-5
A microeconomist wants to determine how corporate sales are influenced by capital and wage
spending by companies.She proceeds to randomly select 26 large corporations and record
information in millions of dollars.The Microsoft Excel output below shows results of this multiple
regression.  
Introduction to Multiple Regression 14-17
-Referring to Scenario 14-5, what is the p-value for testing whether Wages have a negative impact
On corporate sales?
A) 0.05 
B) 0.0001 
C) 0.00005 
D) 0.99995

Quizplus · Accepted Answer

The Answer of SCENARIO 14-5
A microeconomist wants to determine how corporate sales are influenced by capital and wage
spending by companies.She proceeds to randomly select 26 large corporations and record
information in millions of dollars.The Microsoft Excel output below shows results of this multiple
regression.  
Introduction to Multiple Regression 14-17
-Referring to Scenario 14-5, what is the p-value for testing whether Wages have a negative impact
On corporate sales?
A) 0.05 
B) 0.0001 
C) 0.00005 
D) 0.99995

SCENARIO 14-5 A Microeconomist Wants to Determine How Corporate Sales Are Influenced