Which One of the Following Statements Is True Concerning the 95

question 99

Multiple Choice

Which one of the following statements is true concerning the 95% confidence interval for the regression coefficient for the Age variable?

• A)Because the confidence interval does not include zero, we have evidence to conclude that there is no relationship between the age of a house and the selling price of the house.
• B)Because the confidence interval includes zero, we have evidence to conclude that there is no relationship between the age of a house and the selling price of the house.
• C)Because the confidence interval includes zero, we have evidence to conclude that there is a relationship between the age of a house and the selling price of the house.
• D)Because the confidence interval does not include zero, we have evidence to conclude that there is a relationship between the age of a house and the selling price of the house.

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Definitions:

GATT

The General Agreement on Tariffs and Trade, a legal agreement between many countries aimed at promoting international trade by reducing or eliminating trade barriers such as tariffs or quotas.

Lack Of Care

A failure to act with the attention or caution that a reasonable or prudent person would under similar circumstances, often leading to negligence claims.

Corporate Officers

Senior executives or top managers within a corporation who are given authority by the board of directors to manage the day-to-day operations and make significant business decisions.

Directors

Members of a company's board responsible for making major policy and financial decisions, acting collectively in the best interests of the company and its shareholders.