A Regression of W = a + BX,where W Is

question 41

Multiple Choice

A regression of W = a + bX,where W is wages and X is hours worked per week,yielded a t-statistic of 0.75 for b.Statistically speaking,this result suggests that

• A) hours worked are probably positively related to wages.
• B) hours worked are probably negatively related to wages.
• C) we cannot reject the hypothesis that hours worked are unrelated to wages.
• D) hours worked are probably related to wages in a minor way.

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Definitions:

Premise

An initial assertion that paves the way for a conclusion or inference to be made.

Justification

Providing sufficient reasons, evidence, or arguments to support a claim, belief, or action as valid or acceptable.

Premise

An assertion or proposition which forms the basis for a work's conclusion; in logic, it is the antecedent of an argument.

Simp

A slang term often used to describe someone who performs excessive subservience or attention to another person, typically someone they're interested in, often disregarding their own needs or dignity.