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

question 296

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, what is the p-value for testing whether Capital has a positive influence on corporate sales?

• A) 0.025
• B) 0.05
• C) 0.2743
• D) 0.5485

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Definitions:

Filipino Repatriation Act

A U.S. law enacted in 1935 encouraging Filipinos living in the United States to return to the Philippines by offering them government-funded transportation and other incentives.

Free Transportation

A service or system that offers travel or movement without charge to the users.

Filipinos

Refers to the people originating from or living in the Philippines, a Southeast Asian country.

Indian New Deal

Phrase that refers to the reforms implemented for Native Americans during the New Deal era. John Collier, the commissioner of the Bureau of Indian Affairs (BIA), increased the access Native Americans had to relief programs and employed more Native Americans at the BIA. He worked to pass the Indian Reorganization Act. However, the version of the act passed by Congress was a much diluted version of Collier’s original proposal and did not greatly improve the lives of Native Americans.