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

question 314

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 $20 billion (Sales = 20,000) . 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) 874.55
• B) 622.87
• C) -790.69
• D) -983.56

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Definitions:

Consolidation Theory

A theory suggesting that memories become more stable in the brain over time, moving from short-term to long-term storage through a process of consolidation.

Traumatic Brain Injury

Damage to the brain caused by an external mechanical force, potentially leading to long-term complications or death.

Sleep Deprivation

A condition resulting from not getting enough sleep, which can affect cognitive functions, physical health, and emotional well-being.

Consolidation

the process by which memories become stable in the brain, transforming from a short-term to a long-lasting form.