Instruction 13.31
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.
Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.31,suppose the microeconomist wants to test whether the coefficient on Capital is significantly different from 0.What is the value of the relevant t-statistic?
A) 4.804
B) 0.609
C) 2.617
D) 25.432

Question

Instruction 13.31
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.
  Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.31,suppose the microeconomist wants to test whether the coefficient on Capital is significantly different from 0.What is the value of the relevant t-statistic?
A) 4.804 
B) 0.609 
C) 2.617 
D) 25.432

Quizplus · Accepted Answer

The Answer of Instruction 13.31
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.
  Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.31,suppose the microeconomist wants to test whether the coefficient on Capital is significantly different from 0.What is the value of the relevant t-statistic?
A) 4.804 
B) 0.609 
C) 2.617 
D) 25.432

Instruction 13.31 A Microeconomist Wants to Determine How Corporate Sales Are Influenced