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:

Observational Learning

Gaining behaviors by observing and emulating others.

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Actions intended to harm or cause discomfort to another, driven by various factors including environmental, biological, and psychological.

Physical Punishment

The use of physical force with the intention of causing a child to experience pain, but not injury, for the purpose of correction or control.

Operant Behaviour

A type of learning where behavior is controlled by consequences (reinforcements or punishments).