Examlex

Solved

Given the Following Information, When Testing the Least Squares Regression

question 80

Multiple Choice

Given the following information, when testing the least squares regression model would the model be significant at 5%? Given the following information, when testing the least squares regression model would the model be significant at 5%?   A)  Yes, p-value .1285 > .05. B)  No, p-value .1285 > .05. C)  Answer cannot be determined. D)  Yes, p-value .1285 < .05.


Definitions:

Economics Definition

The study of how societies use scarce resources to produce valuable commodities and distribute them among different people.

Equilibrium

A market phase where demand is matched by supply, which in turn stabilizes prices.

Limited Resources

The scarcity of resources in comparison to the potentially limitless wants and needs, forcing the need for allocation decisions.

Capacity Utilization Rate

The percentage of a firm's total possible production capacity that is actually being used over a given period.

Related Questions