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:

CCA Class

Stands for Capital Cost Allowance Class, which is a categorization used in Canadian tax law for the purpose of calculating depreciation for tax purposes.

Borrowed Money

Funds that are loaned to an individual or business with an obligation to repay the amount plus interest.

Operating Lease

A lease agreement allowing the use of an asset without ownership, typically involving shorter-term rentals.

Residual Value

The estimated value that an asset will have at the end of its useful life.