Instruction 13.31
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 13.31,what is the p-value for testing whether Wages have a negative impact on corporate sales?
Definitions:
Assisted Care Facilities
Residential settings that provide personal care and health services for individuals who cannot live independently due to health or age-related reasons.
Activity
Engagements or tasks that involve mental or physical effort done by individuals or groups, often for leisure or to achieve a result.
Daily Living
Activities and routines that comprise the everyday life of an individual, including personal care, work, and leisure.
Taking Medication
The act of consuming prescribed or over-the-counter drugs to treat, cure, or prevent illness, as directed by a healthcare professional.
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