TABLE 14-5
a Microeconomist Wants to Determine How Corporate

question 31

Multiple Choice

TABLE 14-5
A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression.
$$\begin{array}{l}\text { Regression Statistics }\\\begin{array} { l r } \hline \text { Multiple R } & 0.830 \\\text { R Square } & 0.689 \\\text { Adjusted R Square } & 0.662 \\\text { Standard Error } & 17501.643 \\\text { Observations } & 26\end{array}\end{array}$$

ANOVA
$\begin{array}{lcrrrr}\hline & \text { d f }&\text { S S } & \text { M S } & \text { F }&\text { Significance F } \\\hline \text {Regression} & 2 & 15579777040 & 7789888520 & 25.432 & 0.0001 \\\text {Residual }& 23 & 7045072780 & 306307512 & & \\\text {Total }& 25 & 22624849820 & & & \\\hline\end{array}$

$$\begin{array} { l c c c c } & \text { Coefficients } & \text { Standard Error} & \text { t Stat } & \text { p-value } \\\text { Intercept } & 15800.0000 & 6038.2999 & 2.617 & 0.0154 \\\text { C apital } & 0.1245 & 0.2045 & 0.609 & 0.5485 \\\text { W ages } & 7.0762 & 1.4729 & 4.804 & 0.0001 \\\hline\end{array}$$

-Referring to Table 14-5, what is the p-value for testing whether Wages have a negative impact on corporate sales?

• A) 0.05
• B) 0.00005
• C) 0.0001
• D) 0.99995

---

Definitions:

Administering Chemotherapy

The process of giving chemotherapy, a type of cancer treatment using one or more anti-cancer drugs as part of a standardized regimen.

Oncology Unit

A specialized department within a hospital dedicated to the treatment and care of patients diagnosed with cancer.

Institute of Medicine Competencies

A set of core skills and knowledge areas defined by the Institute of Medicine aimed at improving healthcare quality and patient outcomes through better education and training for healthcare professionals.

Interdisciplinary Teams

Groups comprised of professionals from diverse fields working collaboratively towards common goals, particularly in healthcare, education, or research.