You Run Bivariate Regression Analysis and You Find That the ANOVA

question 70

Multiple Choice

You run bivariate regression analysis and you find that the ANOVA results indicate that you have Sig.value for your F of .05.Now,looking under your Coefficients output,you have an intercept value and a slope value.You should use these values only when:

• A)they are both significant,i.e. ,have Sig.values above 1.00.
• B)they are both significant,i.e. ,have Sig.values below 1.00.
• C)they are both significant,i.e. ,have Sig.values equal to or below .05.
• D)at least one is significant,i.e. ,has a Sig.value above .80.
• E)None of the above;because the F value in the ANOVA was not significant,you should not have even looked at the Coefficients output.

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Definitions:

Unit Price

The cost per unit of a product, which helps consumers compare prices and make purchasing decisions.

Total Revenue Curve

A graph that illustrates how a firm's total revenue changes as the quantity of goods sold changes, holding the price per unit constant.

Linear

Relating to a straight line or a model where relationships between variables or quantities are proportional.