A random sample of 79 companies from the Forbes 500 list (which actually consists of nearly 800 companies)was selected,and the relationship between sales (in hundreds of thousands of dollars)and profits (in hundreds of thousands of dollars)was investigated by regression.The following results were obtained from statistical software. The following (partial)ANOVA table was obtained from statistical software. What is the value of the F statistic for testing the hypotheses H₀: $\beta$₁ = 0 versus H_a: $\beta$₁$\neq$ 0? A)1.96 B)77 C)150.97 D)217,328

Question

Quizplus · Accepted Answer

The F statistic for testing the hypothesis H₀ versus H_a can be found in the ANOVA table under the heading "F" for the "Regression" row and "Residuals" column. In this case, F = 150.97. Therefore, the answer is C.

A Random Sample of 79 Companies from the Forbes 500 β\betaβ

A Random Sample of 79 Companies from the Forbes 500 $\beta$