Use the Following Regression Results to Answer the Question Below

question 69

Multiple Choice

Use the following regression results to answer the question below. In conducting a hypothesis test of the slope using a 0.05 level of significance, which of the following is correct?

• A) The slope differs significantly from 0 because p-value = 0.205 is greater than 0.05
• B) The slope does not differ significantly from 0 because p-value = 0.205 is greater than 0.05
• C) The slope differs significantly from 0 because p-value = 0.003 is less than 0.05
• D) The slope does not differ significantly from 0 because p-value = 0.003 is less than 0.05

---

Definitions:

Revenues and Expenses

Pertains to the income generated from normal business operations and the costs incurred to generate that income, crucial for determining net profit.

Special Account

A unique account that is established for a specific purpose, often outside the regular operations or financial structure.

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than being paid out as dividends.

Store Supplies

Items consumed in the daily operations of a retail business, not intended for sale to customers.