TABLE 13-5
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.

-Referring to Table 13-5, 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

TABLE 13-5
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.
 
-Referring to Table 13-5, 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 TABLE 13-5
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.
 
-Referring to Table 13-5, 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

TABLE 13-5 A Microeconomist Wants to Determine How Corporate Sales Are Influenced