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

question 296

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, what is the p-value for testing whether Capital has a positive influence on corporate sales?

• A) 0.025
• B) 0.05
• C) 0.2743
• D) 0.5485

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Definitions:

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, designed to unify business laws across states.

Statute of Frauds

This refers to a legal concept requiring certain types of contracts to be in writing and signed in order to be legally enforceable.

Prenuptial Agreement

A legal contract entered into before marriage specifying the distribution of assets and financial responsibilities in the event of divorce or death.

Donee Beneficiary

A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.