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TABLE 14-5 A Microeconomist Wants to Determine How Corporate Sales Are Influenced

question 174

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TABLE 14-5
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. TABLE 14-5 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.   -Referring to Table 14-5, 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)  0.609 B)  2.617 C)  4.804 D)  25.432
-Referring to Table 14-5, 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?


Definitions:

June 30

June 30 typically marks the end of the fiscal year for many companies and organizations, used as a key date for financial reporting and tax purposes.

Credit Sales

Transactions where the customer is allowed to purchase goods or services and pay for them at a later date.

Cash Received

The actual inflow of cash into a business from various sources, including operations, financing activities, and investing activities.

Total Sales

The aggregate revenue generated from all sales activities before any deductions are made.

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