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

question 10

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, one company in the sample had sales of $21.439 billion (Sales = 21,439) . This company spent $300 million on capital and $700 million on wages. What is the residual (in millions of dollars) for this data point?

• A) 790.69
• B) 648.31
• C) -648.31
• D) -790.69

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Definitions:

Phonological Loop

A component of working memory responsible for temporarily storing and manipulating verbal and auditory information.

Parallel Distributed Processing

A model in cognitive science that proposes that information processing takes place through networks of interconnected nodes, simulating neural networks.

Parallel Distributed Processing

A computational model of brain functioning, suggesting that information processing happens simultaneously across a network of interconnected nodes.

Procedural System

A cognitive system responsible for the acquisition, storage, and utilization of motor skills and habits, often operating below the level of conscious awareness.