Exhibit 13-5
Below You Are Given a Partial Minitab Output

question 108

Multiple Choice

Exhibit 13-5
Below you are given a partial Minitab output based on a sample of 25 observations.
$\begin{array}{lcc}&\text { Coefficient }&\text { Standard Error }\\\text { Constant } & 145.321 & 48.682 \\\mathrm{X}_{1} & 25.625 & 9.150 \\\mathrm{X}_{2} & -5.720 & 3.575 \\\mathrm{X}_{3} & 0.823 & 0.183\end{array}$
-Refer to Exhibit 13-5. Carry out the test of significance for the parameter ?? at the 5% level. The null hypothesis should be

• A) rejected
• B) not rejected
• C) revised
• D) None of these alternatives is correct.

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Definitions:

Bonds

Long-term debt securities issued by corporations or governments to raise capital, paying interest to holders.

Premium

A term that records the sale of stock at more than par value. In this book we use the account Paid-In Capital in Excess of Par to record the premium received.

Discount

A reduction in the price of goods or services, often used as a sales promotion or to encourage early payment.

Bonds Payable

A long-term liability account that records the amounts owed by a company to bondholders, to be repaid at a future date.