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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:

Market Price

The present cost at which a good or service is available for purchase or sale.

Transfer Price

The price at which goods and services are transferred between departments or subsidiaries of the same company, often used for accounting and tax purposes.

Market Price Approach

A valuation method that estimates the price of an asset based on the current market prices of similar assets.

Decentralization

The distribution of decision-making authority to lower levels in an organization, allowing for more localized and faster decision processes.

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