TABLE 14-7 The Department Head of the Accounting Department Wanted to See

question 68

Short Answer

TABLE 14-7
The department head of the accounting department wanted to see if she could predict the GPA of students using the number of course units (credits) and total SAT scores of each. She takes a sample of students and generates the following Microsoft Excel output:

-Referring to Table 14-7, the department head wants to test H₀: β₁ = β₂ = 0. The p-value of the test is ________.

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Definitions:

1934 Act

Refers to the Securities Exchange Act of 1934, a U.S. federal law that governs the trading of securities in the secondary market, establishes the Securities and Exchange Commission, and lays down rules for exchanges and broker-dealers.

Rule 506

A provision under Regulation D of the U.S. Securities Act, allowing companies to raise an unlimited amount of money without registering the securities with the SEC, under certain conditions.

Accredited Investors

Individuals or entities that meet certain financial criteria, qualifying them to invest in securities not registered with financial authorities.

Issuer

An entity that releases or circulates a financial instrument, such as a credit card or a bond, making it available to users or investors.