The Following Results Were Obtained as a Part of Simple

question 127

Multiple Choice

The following results were obtained as a part of simple regression analysis:
R² = .9162
F statistic from the F table = 3.59
Calculated value of F from the ANOVA table = 81.87
Α = .05
P-value = .000
The null hypothesis of no linear relationship between the dependent variable and the independent variable:

• A)Is rejected.
• B)Cannot be tested with the given information.
• C)Is not rejected.
• D)Is not an appropriate null hypothesis for this situation.

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Definitions:

GDP

Gross Domestic Product signifies the total monetary value of all goods and services produced within a country's boundaries over a predetermined time frame, reflecting the nation's economic health.

GDP Deflator

The GDP deflator is an economic metric that converts output measured at current prices into constant-dollar GDP.

Nominal GDP

Gross Domestic Product measured at current market prices without adjustment for inflation.

Inflation

The rate of elevation in the uniform prices of goods and services, undermining the capability to buy more.