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

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Definitions:

Digital Divide

The gap between individuals and communities that have access to and the competence to use information and communication technologies, and those that do not.

Information Divergence

Denotes the difference or discrepancy in information among parties, which can lead to various interpretations or understandings.

Knowledge Gap

The theory that information spreads unevenly across populations, leading to gaps in knowledge between different socio-economic groups.

Movie Studios

Facilities or companies equipped for the production of films, responsible for the creative and logistical aspects of movie making.