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

question 52

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 $500 million on capital and $200 million on wages?

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

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Definitions:

Record Source

The origin or database from which records are retrieved or stored, often specified in database management systems or reporting tools.

Macro

A set of commands, instructions, or actions that are compiled into a single command to automate repetitive tasks in software applications.

Check Box Control

A GUI (Graphical User Interface) element that allows users to select or deselect an option, often seen as a small box that can be checked or unchecked.

Size Option

A selectable choice that allows users to specify or alter the dimensions, scale, or extent of an item, object, or display setting.