A Multiple Regression Analysis Showed the Following ANOVA Table Result

question 63

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 0.659 is quite large, so we fail to reject the null hypothesis and conclude that there is no relationship between the dependent variable and the independent variables.
• B) The p-value 0.659 is quite large, so we reject the null hypothesis and conclude that there is a relationship between the dependent variable and the independent variables.
• C) The p-value, 0.659 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:

Stockholders

Individuals or entities that own shares in a corporation and thereby have potential voting rights and a claim to profits.

General Partnership

A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.

Firm's Debt

Firm's Debt refers to the total amount of liabilities owed by a company, which could include loans, bonds, and other forms of debt.

Partner's Liability

The legal and financial obligations that a partner incurs as part of participation in a partnership, which can vary depending on the type of partnership and the agreement among partners.