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

question 75

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 are the predicted sales (in millions of dollars) for a company
Spending $100 million on capital and $100 million on wages?

• A) 15,800.00
• B) 16,520.07
• C) 17,277.49
• D) 20,455.98

---

Definitions:

Arithmetic Symbols

Characters or signs used to represent mathematical operations, such as plus (+), minus (-), multiply (*), and divide (/).

Asterisk (*)

A symbol used to denote multiplication in mathematics, wildcard characters in search queries, or to indicate footnotes in text.

Ampersand (&)

A symbol that represents the word "and."

Slash (/)

A punctuation mark used for various purposes, including indicating divisions, fractions, dates, or as a separator in file paths.