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Instruction 13.17 A Microeconomist Wants to Determine How Corporate Sales Are Influenced

question 165

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Instruction 13.17
A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression.
Instruction 13.17 A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this multiple regression. Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error -Referring to Instruction 13.17,what fraction of the variability in sales is explained by spending on capital and wages? A) 68.9% B) 27.0% C) 50.9% D) 83.0% Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.17,what fraction of the variability in sales is explained by spending on capital and wages?

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