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TABLE 14-8 A Financial Analyst Wanted to Examine the Relationship Between Salary

question 102

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TABLE 14-8
A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X1 = Age), experience in the field (X2 = Exper), number of degrees (X3 = Degrees), and number of previous jobs in the field (X4 = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics
TABLE 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X<sub>1</sub> = Age), experience in the field (X<sub>2</sub> = Exper), number of degrees (X<sub>3</sub> = Degrees), and number of previous jobs in the field (X<sub>4</sub> = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. For a level of significance of 0.01, the critical values of the test are ________. ANOVA
TABLE 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X<sub>1</sub> = Age), experience in the field (X<sub>2</sub> = Exper), number of degrees (X<sub>3</sub> = Degrees), and number of previous jobs in the field (X<sub>4</sub> = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. For a level of significance of 0.01, the critical values of the test are ________. TABLE 14-8 A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X<sub>1</sub> = Age), experience in the field (X<sub>2</sub> = Exper), number of degrees (X<sub>3</sub> = Degrees), and number of previous jobs in the field (X<sub>4</sub> = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics ANOVA -Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>. For a level of significance of 0.01, the critical values of the test are ________.
-Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X3. For a level of significance of 0.01, the critical values of the test are ________.

Definitions:

Data Warehouse

A central repository for storing, managing, and analyzing large volumes of data from various sources.

External Data Sources

Information collected from outside an organization for analysis, including market trends, competitor data, and economic indicators.

Internal Data Sources

Information collected from within an organization, such as sales records, customer feedback, and inventory levels, used for decision-making and strategic planning.

Independent

Refers to entities or individuals that operate autonomously, without external control or support.

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