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

question 61

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 Wages have a positive impact on corporate sales?

• A) 0.01
• B) 0.05
• C) 0.0001
• D) 0.00005

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Definitions:

Patriot Cause

The movement and ideological drive toward independence from British rule among the American colonies, particularly during the late 18th century.

Thomas Paine

A political activist and writer whose works, including "Common Sense" and "The American Crisis," were influential in the American Revolution and the promotion of democratic ideals.

Benedict Arnold

An American military officer who served during the Revolutionary War before defecting to the British side in 1780, becoming synonymous with betrayal.

American Ally

A country that is in a mutual agreement with the United States to support each other, especially in terms of defense and international policy.