A P-Value of 89% for the Slope Coefficient in a Regression

question 82

Multiple Choice

A p-value of 89% for the slope coefficient in a regression of a cost driver against a cost indicates:

• A) The true variable costs are statistically significantly different from zero
• B) There is only an 11% chance the true variable costs are zero
• C) The relationship between the cost and the cost driver is nonlinear
• D) None of the above

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