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

question 187

Multiple Choice

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, at the 0.01 level of significance, what conclusion should the microeconomist reach regarding the inclusion of Capital in the regression model?

• A) Capital is significant in explaining corporate sales and should be included in the model because its p-value is less than 0.01.
• B) Capital is significant in explaining corporate sales and should be included in the model because its p-value is more than 0.01.
• C) Capital is not significant in explaining corporate sales and should not be included in the model because its p-value is less than 0.01.
• D) Capital is not significant in explaining corporate sales and should not be included in the model because its p-value is more than 0.01.

Explain the role, composition, and operational dynamics of the Federal Reserve Open Market Committee (FOMC).

Discuss the significance of bank reserves, the money multiplier effect, and how fractional reserve banking contributes to money supply changes.

Understanding the basic concepts and significance of the Big Five personality traits.

Recognizing the relationship between personality traits and behavior.

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Definitions:

Largest Area

A term that can refer to the area with the greatest extent or size in a given context, such as the largest geographic area of a country or the largest surface area of a solid object.

Representation

The action of speaking or acting on behalf of someone or the depiction of something in a particular way.

Lips

The two fleshy parts forming the upper and lower borders of the opening of the mouth, involved in speaking, expressing emotion, and eating.

Legs

Limbs on animals and humans used primarily for support and movement.