SUMMARY OUTPUT Figure 4.1 -Suppose You Are Given the Excel Output in Figure You
Question 21
Question 21
Multiple Choice
SUMMARY OUTPUT Regression Statistics Multiple R R square Adjusted R Square Standard Error Observations 0.2165435280.0468910990.0421016081155621.367201
ANOVA Regression Residual Total of 1199200SS1.30747E+132.65757E+142.78831E+14 MS 1.30747E+131.33546E+12 F 9.790411975 Significance F0.00201776
Intercept Yards Per Drive Coefficients −7,773,135.55830,737.523 Standard Error 2,867,254.7739,823.548 t Stat −2.7110027453.128963403 P-value 0.0072943640.00201776 Lower 95% −13,427,237,24011,365.913 Upper 95% −2,119,033.87750,109.132
Figure 4.1 -Suppose you are given the Excel output in Figure You would conclude that each additional Yard Per Drive is estimated to be associated with
A) a $7,773,135.558 decrease in annual earnings. B) a $2,867,254.773 increase in annual earnings. C) a $30,737.523 increase in annual earnings. D) a $9,823.548 increase in annual earnings.
Correct Answer:
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