TABLE 14-8 A Financial Analyst Wanted to Examine the Relationship Between Salary

question 211

Short Answer

TABLE 14-8
A financial analyst wanted to examine the relationship between salary (in $1,000) and 4 variables: age (X₁ = Age), experience in the field (X₂ = Exper), number of degrees (X₃ = Degrees), and number of previous jobs in the field (X₄ = Prevjobs). He took a sample of 20 employees and obtained the following Microsoft Excel output:
-Referring to Table 14-8, the analyst wants to use an F-test to test H₀: β₁ = β₂ = β₃ = β₄ = 0. The appropriate alternative hypothesis is ________.

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