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The Regression Printout Below Shows the Results of a Regression

question 46

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The regression printout below shows the results of a regression analysis intended to link variable x to variable y.A sample of 25 data points was used. The regression printout below shows the results of a regression analysis intended to link variable x to variable y.A sample of 25 data points was used.   Can you use the sample results shown here to reject a β = 0 null hypothesis at the 1% significance level? Explain. A) Yes, since the upper bound on the 95% interval estimate of β is greater than 0, we can reject the β = 0 null hypothesis. B) No, since the p-value for the intercept term is greater than the significance level of .01, we can't reject the β = 0 null hypothesis. C) No, since the p-value for the coefficient of the x variable is greater than .01, we can't reject the β = 0 null hypothesis. D) No, since t<sub>stat</sub> for the x variable is inside ±2.069, we can't reject the β = 0 null hypothesis. Can you use the sample results shown here to reject a β = 0 null hypothesis at the 1% significance level? Explain.

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Definitions:

Marginal Product

The additional output that is produced by employing one more unit of a particular input, while holding other inputs constant.

Fixed Cost

A financial outlay that is unaffected by variations in the production or sales levels of goods and services.

Marginal Cost

The expense associated with creating an extra unit of a product or service.

Total Cost

The complete cost of producing a specific quantity of output, including both fixed and variable costs.

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