[Solved] SCENARIO 14-5 A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression. -Referring to Scenario 14-5, when the microeconomist used a simple linear regression model with sales as the dependent variable and wages as the independent variable, she obtained an r2 value of 0)601. What additional percentage of the total variation of sales has been explained by including Capital spending in the multiple regression? A) 60.1% B) 31.1% C) 22.9% D) 8.8% Naked Mole Rats: Small, burrowing rodents known for their eusocial structure, lack of pain sensation in their skin, and resistance to cancer. Musk Oxen: Large, hairy herbivores native to the Arctic regions, known for their thick coats and the strong odor emitted by males. Acoustical Signals: Sounds or vibrations used for communication or detection in various organisms and technologies. Chemical: A substance produced by or used in a chemical process.