SCENARIO 14-8 a Financial Analyst Wanted to Examine the Relationship $\$ 1,000$

question 275

Short Answer

SCENARIO 14-8 A financial analyst wanted to examine the relationship between salary (in $\$ 1,000$ ) and 2 variables: age $\left(X_{1}=\mathrm{Age}\right)$ and experience in the field $\left(X_{2}=\right.$ Exper). He took a sample of 20 employees and obtained the following Microsoft Excel output:

$\begin{array}{lr}\hline {\text { Regression Statistics }} \\\hline \text { Multiple R } & 0.8535 \\\text { R Square } & 0.7284 \\\text { Adjusted R Square } & 0.6964 \\\text { Standard Error } & 10.5630 \\\text { Observations } & 20 \\\hline\end{array}$

$\text { ANOVA }$


$\begin{array}{lrrrrrr} & \text { Coefficients } & \text { Standard Error } & {\text { t Stat }} & \text { P-value } & \text { Lower 95\% } &{\text { O5\% }} \\\hline \text { Intercept } & 1.5740 & 9.2723 & 0.1698 & 0.8672 & -17.9888 & 21.1368 \\\text { Age } & 1.3045 & 0.1956 & 6.6678 & 0.0000 & 0.8917 & 1.7173 \\\text { Exper } & -0.1478 & 0.1944 & -0.7604 & 0.4574 & -0.5580 & 0.2624 \\\hline\end{array}$
Also the sum of squares due to the regression for the model that includes only Age is 5022.0654 while the
sum of squares due to the regression for the model that includes only Exper is 125.9848.
-Referring to Scenario 14-8, the analyst wants to use a t test to test for the significance of the
coefficient of $X _ { 2 }$ . The value of the test statistic is ________.

Define sexual harassment and identify its various forms.

Discuss strategies for organizations to ethically screen decisions and improve their responsiveness to harassment allegations.

Understand the structure and function of the auditory system.

Comprehend the principles of sound localization and perception.

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Definitions:

Investing Activity

Transactions involving the acquisition or disposal of non-current assets, including investments in other entities.

Operating Activities

These are the day-to-day activities of a business that involve producing and selling goods or providing services, and include cash flows related to sales, expenses, and working capital.

Investing Activities

Investing Activities involve the acquisition and disposal of long-term assets and investments not included in cash equivalents.

Financing Activities

Transactions and events where cash is raised or repaid to finance the company’s operations or investments, typically involving debt, equity, and dividends.