Based on the Following Regression Output, What Conclusion Can You $\beta$

question 55

Multiple Choice

Based on the following regression output, what conclusion can you reach about $\beta$ ₁?

• A)\(\beta\)₁ = 0, with P-value = 0.016353
• B)\(\beta\)₁ \(\neq\) 0, with P-value = 0.016353
• C)\(\beta\)₁ = 0, with P-value = 0.000186
• D)\(\beta\)₁ \(\neq\) 0, with P-value = 0.000186

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Definitions:

Defined Benefit Plan

A pension plan that promises employees a fixed annual pension benefit at retirement, based on years of service and compensation levels.

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Annual Pension Benefit

The amount of money an individual receives annually from their retirement plan after retiring.

Variable Component

A cost or expense that changes in proportion to changes in a business’s activity level.