A Multiple Regression Analysis Showed the Following ANOVA Table Result

question 101

Multiple Choice

A multiple regression analysis showed the following ANOVA table result. Based on the information in the ANOVA, what is the decision regarding the global null hypothesis?

• A) The p-value 0.001742 is quite small, so we reject the null hypothesis and conclude that there is a relationship between the dependent variable and at least one of the Independent variables.
• B) The p-value 0.001742 is quite large, so we fail to reject the null hypothesis and conclude that there is a relationship between the dependent variable and the independent Variables.
• C) The p-value, 0.001742 is larger than the F value, so we reject the null hypothesis and conclude that there is no relationship between the dependent variable and the

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Definitions:

RBV Perspective

Resource-Based View; a framework in strategic management that describes how the internal resources of a firm can provide a source of competitive advantage.

Resource Heterogeneity

Resource heterogeneity is the concept in strategic management that resources and capabilities differ across firms, which can lead to competitive advantages.

Supplier Power

The influence that suppliers have over the price and quality of goods and services, often determined by the number of suppliers in the market.

Switching Costs

The costs associated with changing from one product, service, or supplier to another, including financial, effort, and time expenses.