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Louis Katz, a Cost Accountant at Papalote Plastics, Inc S8=0.898r2=0.526341\begin{array} { | c | } \hline S _ { 8 } = 0.898 \\\hline r ^ { 2 } = 0.526341 \\\hline\end{array}

question 108

Multiple Choice

Louis Katz, a cost accountant at Papalote Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables.  Louis Katz, a cost accountant at Papalote Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables.    \begin{array}{|c|c|c|c|c|} \hline \text { Soures } & \text { df } & \text { SS } & \text { MS } & F \\ \hline \text { Regressjum } & 1 & 9.858769 & 9.858768 & 12.2234 \\ \hline \text { Retidual } & 11 & 8.872 & 0.806545 & \\ \hline \text { Thtal } & 12 & 78.7077 & &\\ \hline \end{array}   \begin{array} { | c | }  \hline S _ { 8 } = 0.898 \\ \hline r ^ { 2 } = 0.526341 \\ \hline \end{array}  Using  \alpha  = 0.05, Louis should ________________. A) increase the sample size B) suspend judgment C) not reject H<sub>0</sub>:  \beta <sub>1</sub> = 0 D) reject H<sub>0</sub>:  \beta <sub>1</sub> = 0 E) not reject H<sub>0</sub>:  \beta <sub>0</sub> = 0  Soures  df  SS  MS F Regressjum 19.8587699.85876812.2234 Retidual 118.8720.806545 Thtal 1278.7077\begin{array}{|c|c|c|c|c|}\hline \text { Soures } & \text { df } & \text { SS } & \text { MS } & F \\\hline \text { Regressjum } & 1 & 9.858769 & 9.858768 & 12.2234 \\\hline \text { Retidual } & 11 & 8.872 & 0.806545 & \\\hline \text { Thtal } & 12 & 78.7077 & &\\\hline\end{array} S8=0.898r2=0.526341\begin{array} { | c | } \hline S _ { 8 } = 0.898 \\\hline r ^ { 2 } = 0.526341 \\\hline\end{array} Using α\alpha = 0.05, Louis should ________________.


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