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

question 295

Multiple Choice

TABLE 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.
-Referring to Table 14-5, what is the p-value for Capital?

• A) 0.01
• B) 0.025
• C) 0.05
• D) None of the above

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Definitions:

Sales Uncollected

The amount of sales that have been made but not yet paid for by customers, also known as accounts receivable.

Inventory Turnover

A financial metric indicating how many times a company has sold and replaced its inventory over a certain period, often used to assess efficiency.

Internal Users

Individuals within an organization who use financial information to make decisions, including managers, employees, and internal auditors.

Financial Information

Data regarding the financial status, operations, and cash flows of a business, useful for decision-making purposes.