The Following Regression Output Was Generated Based on a Sample

question 21

Multiple Choice

The following regression output was generated based on a sample of utility customers. The dependent variable was the dollar amount of the monthly bill and the independent variable was the size of the house in square feet. Based on this regression output, what is the 95 percent confidence interval estimate for the population regression slope coefficient?

• A) Approximately -0.0003 ----- +0.0103
• B) About -0.0082 ----- +0.0188
• C) Approximately -32.76 ----- +32.79
• D) None of the above

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Definitions:

Sales

The revenues earned from selling goods or services over a period of time.

Preferred Stock Dividends

Dividends paid on preferred shares of a company which typically have a fixed dividend rate and priority over common stock in dividend payments.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.

Operating Profits

Earnings before interest and tax (EBIT), which is the profit from a business's core operations excluding financing costs and taxes.