A Regression Analysis Involved 8 Independent Variables and 99 Observations

question 100

Multiple Choice

A regression analysis involved 8 independent variables and 99 observations. The critical value of t for testing the significance of each of the independent variable's coefficients will have

• A)98 degrees of freedom
• B)97 degrees of freedom
• C)90 degrees of freedom
• D)7 degrees of freedom

---

Definitions:

Par Value

A nominal or face value assigned to a share of stock by the company's charter, which may not reflect the actual market value.

Paid-In Capital

Funds raised by a company from selling its shares to investors, beyond the nominal value of the shares.

Cash Dividend

A payment made by a company out of its earnings to investors in the form of cash.

Dividend Declaration

An official announcement by a company’s board of directors to pay a specified dividend at a later date.