SCENARIO 14-5 A Microeconomist Wants to Determine How Corporate Sales Are Influenced

question 14

Multiple Choice

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.
Introduction to Multiple Regression 14-17
-Referring to Scenario 14-5, what is the p-value for testing whether Wages have a positive impact
On corporate sales?

• A) 0.01
• B) 0.05
• C) 0.0001
• D) 0.00005

---

Definitions:

Schizophrenia

A profound mental disturbance evidenced by major deviations in thought, perception of the environment, emotions, linguistic abilities, self-conception, and behavioural patterns.

Medical Perspective

Viewing or analyzing a situation or condition based on scientific knowledge and understanding in the field of medicine.

Antisocial Personality Disorder

A mental disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Common

Occurring frequently or widely accepted; usual or shared among many.