A marketing analyst wants to examine the relationship between sales (in $1,000s)and advertising (in $100s)for firms in the food and beverage industry and so collects monthly data for 25 firms.He estimates the model: Sales = β₀ + β₁ Advertising + ε.The following table shows a portion of the regression results. When testing whether Advertising is significant at the 10% significance level,the conclusion is to _______________________________. A) reject H₀;advertising is significant B) not reject H₀;advertising is significant C) reject H₀;advertising is not significant D) not reject H₀;advertising is not significant

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The Answer of A marketing analyst wants to examine the relationship between sales (in $1,000s)and advertising (in $100s)for firms in the food and beverage industry and so collects monthly data for 25 firms.He estimates the model: Sales = β₀ + β₁ Advertising + ε.The following table shows a portion of the regression results. When testing whether Advertising is significant at the 10% significance level,the conclusion is to _______________________________. A) reject H₀;advertising is significant B) not reject H₀;advertising is significant C) reject H₀;advertising is not significant D) not reject H₀;advertising is not significant

A Marketing Analyst Wants to Examine the Relationship Between Sales