Instruction 13-5
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.
SUMMARY
Regression Statistics
\begin{tabular} { l r } Multiple & \\ \hline Square & \end{tabular}
R Square
Adj. R Square
Std. Error
Observations 26
ANOVA
Note: Adj.R Square = Adjusted R Square;Std.Error = Standard Error
-Referring to Instruction 13-5,what is the p-value for testing whether Wages have a positive impact on corporate sales?
A) 0.0001
B) 0.05
C) 0.00005
D) 0.01
Correct Answer:
Verified
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