Shown Below Is a Portion of a Computer Output for a Regression

question 37

Essay

Shown below is a portion of a computer output for a regression analysis relating Y (dependent variable) and X (independent variable).
a.Perform a t test using the p-value approach and determine whether or not Y and X are related. Let $\alpha$ = 0.05.
b.Using the p-value approach, perform an F test and determine whether or not X and Y are related.
c.Compute the coefficient of determination and fully interpret its meaning. Be very specific.

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Definitions:

Consolidation

The process of combining the financial statements of a parent company with its subsidiaries to present accounts as if the group were a single entity.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.

FVTOCI

Fair Value Through Other Comprehensive Income, a classification under IFRS for financial assets that are valued at fair value with changes recognized in other comprehensive income rather than profit or loss.

IFRS 9

An International Financial Reporting Standard that addresses the accounting for financial instruments, specifying how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items.