Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables. Using $\alpha$ = 0.05,Louis should ________________. A) increase the sample size B) suspend judgment C) not reject H₀: $\beta$₁ = 0 D) reject H₀: $\beta$₁ = 0 E) do not reject H₀: $\beta$₀ = 0

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The Answer of Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI),is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units),and his dependent variable is the total cost of the lot (in $100's).Regression analysis of the data yielded the following tables. Using $\alpha$ = 0.05,Louis should ________________. A) increase the sample size B) suspend judgment C) not reject H₀: $\beta$₁ = 0 D) reject H₀: $\beta$₁ = 0 E) do not reject H₀: $\beta$₀ = 0

Louis Katz,a Cost Accountant at Papalote Plastics,Inc α\alphaα = 005,Louis Should ________________

Louis Katz,a Cost Accountant at Papalote Plastics,Inc $\alpha$ = 005,Louis Should ________________