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

question 38

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, the observed value of the F-statistic is given on the printout as 25.432. What are the degrees of freedom for this F-statistic?

• A) 25 for the numerator, 2 for the denominator
• B) 2 for the numerator, 23 for the denominator
• C) 23 for the numerator, 25 for the denominator
• D) 2 for the numerator, 25 for the denominator

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Definitions:

Environmental Protection

Efforts and policies aimed at conserving the natural environment and preventing further degradation due to human activity.

Sharks

A group of elasmobranch fish characterized by a cartilaginous skeleton, five to seven gill slits on the sides of the head, and pectoral fins that are not fused to the head.

People Per Year

A measurement or statistic that represents the number of individuals affected by or involved in a certain event or scenario on an annual basis.

Support Trees

Structures or physical supports used in agriculture and horticulture to support plants, vines, and trees to ensure proper growth and development.