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

question 187

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, at the 0.01 level of significance, what conclusion should the microeconomist reach regarding the inclusion of Capital in the regression model?

• A) Capital is significant in explaining corporate sales and should be included in the model because its p-value is less than 0.01.
• B) Capital is significant in explaining corporate sales and should be included in the model because its p-value is more than 0.01.
• C) Capital is not significant in explaining corporate sales and should not be included in the model because its p-value is less than 0.01.
• D) Capital is not significant in explaining corporate sales and should not be included in the model because its p-value is more than 0.01.

Learn about the effectiveness of contingency management in treating substance abuse and other behavioral issues.

Understand the concept of temporary insurance coverage through binders.

Comprehend the role and impact of coinsurance clauses in fire insurance policies.

Recognize the classification of insurance based on risk nature and the effect of state law on insurance contracts.

---

Definitions:

Identity Status

James Marcia's concept categorizing four stages of ego identity development based on exploration and commitment decisions.

Moratorium

A period of delay or suspension of activity, often used in contexts involving decision-making or legal agreements.

Foreclosure

In psychology, this term refers to a premature commitment to an identity without adequate exploration of other options. In real estate, it refers to the legal process by which a lender takes possession of a property due to the borrower's failure to make loan payments.

Postconventional Moral Reasoning

A stage in Kohlberg's theory of moral development in which individuals make moral decisions based on universal ethical principles and the consideration of the greater good.