Onfident That the Mean Amount of Time Needed to Record $\text { Regression statistics }$

question 178

Multiple Choice

onfident that the mean amount of time needed to record one additional loan application is somewhere $\text { Regression statistics }$
$\begin{array}{|l|l|}\hline\text { MultipleR } & 0.9447 \\\hline \text { R Square } & 0.8924 \\\hline \begin{array}{l}\text { Adjusted R } \\\text { Square }\end{array} & 0.8886 \\\hline \text { Standard Error } & 0.3342 \\\hline \text { Observations } & 30 \\\hline\end{array}$

$\text { ANOVA }$
$\begin{array}{|l|l|l|l|l|l|}\hline & d f & S 5 & M S & F & \begin{array}{l}\text { Significance } \\F\end{array} \\\hline \text { Regression } & 1 & 25.9438 & 25.9438 & 232.2200 & 4.3946 \mathrm{E}-15 \\\hline \text { Residual } & 28 & 3.1282 & 0.1117 & & \\\hline \text { Total } & 29 & 29.072 & & & \\\hline\end{array}$

$\begin{array}{|l|l|l|l|l|l|l|}\hline & \text { Coefficients } & \begin{array}{l}\text { Standard } \\\text { Error }\end{array} & \text { tStat } & \text { p-value } & \text { Lower 95\% } & \text { Upper 95\% } \\\hline \text { Intercept } & 0.4024 & 0.1236 & 3.2559 & 0.0030 & 0.1492 & 0.6555 \\\hline \begin{array}{l}\text { Applications } \\\text { Recorded }\end{array} & 0.0126 & 0.0008 & 15.2388 & \begin{array}{l}4.3946 \mathrm{E}- \\15\end{array} & 0.0109 & 0.0143 \\\hline\end{array}$


$\text { Note: } 4.3946 \mathrm { E } - 15 \text { is } 4.3946 \times 10 ^ { - 15 } \text {. }$

-Referring to Instruction 12.36,to test the claim that the mean amount of time depends positively on the number of loan applications recorded against the null hypothesis that the mean amount of time does not depend linearly on the number of invoices processed,the p-value of the test statistic is

• A) 4.3946E-15.
• B) (4.3946E-15) / 2.
• C) (4.3946E-15) * 2.
• D) 0.0030.

---

Definitions:

Decoding

The process of interpreting or giving meaning to a message or information received, especially in communication.

Basic Communication

The fundamental process of exchanging information through speaking, writing, or other mediums, essential for human interaction and relationships.

First Step

The initial action or decision in a series that leads to a process or course of action; often critical to the direction and outcome of the process.

Lengel-Daft Contingency Model

A theory that suggests the effectiveness of information richness in communication varies with the nature of the task or situation.