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

---

Definitions:

Noninvasive Prenatal Testing

A medical test done during pregnancy to screen for certain genetic conditions in the fetus without harming it or the mother.

Least Intrusive

Pertaining to interventions or actions that have the minimal level of intrusion or disruption to one's life or environment.

Half-sibling Study

Research comparing the traits, behaviors, or illness rates of half-siblings to explore genetic and environmental influences.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, influencing how organisms look and function.