Examlex

Solved

TABLE 12-12 The Manager of the Purchasing Department of a Large Savings

question 97

Multiple Choice

TABLE 12-12
The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:
TABLE 12-12 The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 x 10-15.        -Referring to Table 12-12, the p-value of the measured t test statistic to test whether the number of loan applications recorded affects the amount of time is ________. A)  (4.3946E-15) /2 B)  4.3946E-15 C)  (0.0030) /2 D)  0.0030
Note: 4.3946E-15 is 4.3946 x 10-15.
TABLE 12-12 The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 x 10-15.        -Referring to Table 12-12, the p-value of the measured t test statistic to test whether the number of loan applications recorded affects the amount of time is ________. A)  (4.3946E-15) /2 B)  4.3946E-15 C)  (0.0030) /2 D)  0.0030
TABLE 12-12 The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours)  it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:     Note: 4.3946E-15 is 4.3946 x 10-15.        -Referring to Table 12-12, the p-value of the measured t test statistic to test whether the number of loan applications recorded affects the amount of time is ________. A)  (4.3946E-15) /2 B)  4.3946E-15 C)  (0.0030) /2 D)  0.0030
-Referring to Table 12-12, the p-value of the measured t test statistic to test whether the number of loan applications recorded affects the amount of time is ________.


Definitions:

National Wilderness System

a designation for preserving federal lands in the US to maintain their natural condition.

National Park System

A collection of natural parks managed by a governmental entity aimed at preserving natural and cultural resources for public enjoyment and education.

Nixon

The 37th President of the United States, known for his role in the Watergate scandal and his consequent resignation from the presidency.

Environmental Event

An occurrence or incident that happens in the natural world, often having a significant impact on ecosystems, communities, or the climate.

Related Questions