The Following Computer Printout Estimated Overhead Costs Using Regression $\begin{array}{cc}\text { R Square (R2) } & 0.80 \\\text { Standard Error (Se) } & 25.03 \\\text { Observations } & 17\end{array}$

question 132

Multiple Choice

The following computer printout estimated overhead costs using regression: $\begin{array}{ccccc}&\text {\(t \text { for } H(0) \) }&&&\text { Std. error}\\ \text {Parameter }& \text { Estimate}& \text { Parameter \( =0 \) }&\text {\( \operatorname{Pr} >\mathrm{t} \) }& \text {of parameter }\\\text { Intercept } & 100.41 & 4.81 & 0.0003 & 20.88 \\\text { DLH } & 14.05 & 6.78 & 0.0001 & 2.07\end{array}$

$\begin{array}{cc}\text { R Square (R2) } & 0.80 \\\text { Standard Error (Se) } & 25.03 \\\text { Observations } & 17\end{array}$
Please find the following statistical table
$\begin{array}{|c|c|c|c|c|c|c|c|}\hline \begin{array}{c}\text { degrees } \\\text { of freed om }\end{array} & 90 \% & 95 \% & \mathbf{9 9 \%} & \begin{array}{c}\text { degrees of } \\\text { freedom }\end{array} & \mathbf{9 0 \%} & \mathbf{9 5 \%} & \mathbf{9 9 \%} \\\hline 1 & 6.314 & 12.708 & 63.657 & 11 & 1.796 & 2.201 & 3.106 \\\hline 2 & 2.920 & 4.303 & 9.925 & 12 & 1.782 & 2.179 & 3.055 \\\hline 3 & 2.353 & 3.182 & 5.841 & 13 & 1.771 & 2.160 & 3.055 \\\hline 4 & 2.132 & 2.776 & 4.604 & 14 & 1.761 & 2.145 & 3.012 \\\hline 5 & 2.015 & 2.571 & 4.032 & 15 & 1.753 & 2.131 & 2.947 \\\hline 6 & 1.943 & 2.447 & 3.707 & 16 & 1.746 & 2.120 & 2.921 \\\hline 7 & 1.895 & 2.365 & 3.499 & 17 & 1.740 & 2.110 & 2.898 \\\hline 8 & 1.860 & 2.306 & 3.355 & 18 & 1.734 & 2.101 & 2.878 \\\hline 9 & 1.833 & 2.262 & 3.250 & 19 & 1.729 & 2.093 & 2.861 \\\hline 10 & 1.812 & 2.228 & 3.169 & 20 & 1.725 & 2.086 & 2.845\\\hline\end{array}$
During the last accounting period 10,000 DLH were worked.
Find the t-value for a 90 percent confidence level.

• A)1.740
• B)1.753
• C)6.314
• D)2.920

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Definitions:

Vertical

Relating to or denoting a structure or position that is at a right angle to the horizon; upward direction.

Acculturation

The process by which individuals adopt the cultural traits or social patterns of another group.

Enculturation

The process by which individuals learn and adopt the values, customs, and social practices of their culture.

Assimilation

The process by which individuals or groups adopt the culture and norms of the dominant or surrounding society, often losing former cultural traits.