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The following results were obtained as part of a simple regression analysis. r2 = .9162
F statistic from the F table = 3.59
Calculated value of F from the ANOVA table = 81.87
Α = .05
P-value = .000
The null hypothesis of no linear relationship between the dependent variable and the independent variable
Equipment
Tangible assets used in operations, such as machinery and computers, which are not intended for sale.
Owner's Equity
Owner's equity is the residual interest in the assets of the entity after deducting liabilities, representing the owner's claim on the business assets.
Income Statement
A report detailing a company's income and expenditures within a certain time frame, leading to a profit or deficit.
Balance Sheet
A report on finance that outlines a firm's assets, debts, and owners' equity at a certain time, offering a framework for determining returns and analyzing its capital composition.
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