Which of the Following Statements Are Not True?
A) the Model

question 11

Multiple Choice

Which of the following statements are not true?

• A) The model utility test is the test of \(H _ { 0 } : \beta _ { 1 } = 0 \text { versus } H _ { \pm } : \beta _ { 1 } \pm 0\) In which case the test statistic value is the t ratio t = )
• B) The null hypothesis \(H _ { 0 } : \beta _ { 1 } = 0\) Can be tested against the alternative hypothesis \(H _ { \pm } : \beta _ { 1 } \neq 0\) By constructing an ANOVA table and rejecting \(H _ { 0 }\) If the test statistic value \(f \geq F _ { α , { 1 } , n- 2 }\) , when n is the sample size.
• C) The simple linear regression model should not be used for further inferences (estimates of mean value or predictions of future values) unless the model utility test results in acceptance of \(H _ { 0 } : \beta _ { 1 } = 0\) For a suitably small significance level \(\alpha\) )
• D) All of the above statements are true.
• E) None of the above statements are true.

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Definitions:

Cost Driver

A cost driver is a factor that causes or influences the cost of certain activities, products, or services, varying in direct proportion to the level of activity or volume.

Cost Object

A cost object is any item for which costs are separately measured and tracked, such as products, projects, or departments.

Denominator Volume

The activity level used to allocate fixed costs to products or services, affecting the calculation of unit costs.

Budgeted Capacity

The amount of production or activity level planned for a future period, based on budget allocations.