TABLE 14-7 The Department Head of the Accounting Department Wanted to See

question 132

Short Answer

TABLE 14-7
The department head of the accounting department wanted to see if she could predict the GPA of students using the number of course units (credits) and total SAT scores of each. She takes a sample of students and generates the following Microsoft Excel output:

-Referring to Table 14-7, the department head wants to use a t test to test for the significance of the coefficient of X₁. The p-value of the test is ________.

---

Definitions:

Parent-Subsidiary Corporations

A relationship between two companies where one, the parent, controls the other, the subsidiary.

Consolidated Tax Return

A tax return that combines the tax liability of all subsidiary companies with that of the parent company, simplifying tax filing for corporate groups.

Corporate Distributions

Payments made by a corporation to its shareholders from earnings, typically in the form of dividends.

Dividends

Payments made to shareholders out of a corporation's profits.