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

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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,which of the following values for α is the smallest for which the regression model as a whole is significant? A)  0.001 B)  0.01 C)  0.05 D)  0.00005 Note: Adj. R Square = Adjusted R Square; Std. Error = Standard Error
-Referring to Instruction 13.17,which of the following values for α is the smallest for which the regression model as a whole is significant?


Definitions:

Extinction

In psychology, this refers to the slow reduction and eventual vanishing of a learned reaction when the previously associated conditioned stimulus is not combined with the unconditioned stimulus anymore.

Classical Conditioning

The process of learning by linking a naturally occurring stimulus with one introduced externally.

Conditioned Stimulus

A stimulus that initially has no effect but, when associated with an unconditioned stimulus, eventually triggers a conditioned response.

Fear of Snakes

An intense, irrational fear of snakes, also known as ophidiophobia.

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