TABLE 12-12
The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:
Note: 4.3946E-15 is 4.3946 x 10-15.
-Referring to Table 12-12, to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of invoices processed, the p-value of the test statistic is ________.
A) (4.3946E-15) /2
B) 4.3946E-15
C) (4.3946E-15) *2
D) 0.0030
Correct Answer:
Verified
Q180: TABLE 12-11
A computer software developer would like
Q181: TABLE 12-13
In this era of tough economic
Q182: TABLE 12-12
The manager of the purchasing department
Q183: TABLE 12-13
In this era of tough economic
Q184: TABLE 12-12
The manager of the purchasing department
Q186: TABLE 12-12
The manager of the purchasing department
Q187: TABLE 12-12
The manager of the purchasing department
Q188: TABLE 12-12
The manager of the purchasing department
Q189: TABLE 12-12
The manager of the purchasing department
Q190: TABLE 12-12
The manager of the purchasing department
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents