Instruction 16-5
a Chemist Employed by a Pharmaceutical Firm Has

question 50

True/False

Instruction 16-5
A chemist employed by a pharmaceutical firm has developed a muscle relaxant.She took a sample of 14 people suffering from extreme muscle constriction.She gave each a vial containing a dose (X)of the drug and recorded the time to relief (Y)measured in seconds for each.She fit a quadratic model to this data.The results obtained by Microsoft Excel follow.
$\begin{array}{l|l|l|l|l|l|}\text { SUMMARY } & output& \\\hline \text { Regression } & \text { Statistics } & \\\hline \text { Multiple R } & & 0.747 \\\hline \text { R Square } & & 0.558 \\\hline \text { Adj. R Square } & & 0.478 \\\hline \text { Std. Error } & 363.1 \\\hline \text { Observations } & 14 \\\hline\\\hline \text { ANOVA } & & & & & \\\hline & \text { df } & \text { SS } & \text { MS } & F & \text { Signưf } F \\\hline \text { Regression } & 2 & 10344797 & 5172399 & 6.94 & 0.0110 \\\hline \text { Residual } & 11 & 8193929 & 744903 & & \\\hline \text { Total } & 13 & 18538726 & & & \\\hline\\\hline & \text { Coeff } & \text { StdErior } & \text { Stat } & P \text {-value } \\\hline \text { Intercept } & 1283.0 & 352.0 & 3.65 & 0.0040 \\\hline \text { CenDose } & 25.228 & 3.631 & 2.92 & 0.0140 \\\hline \text { CenDoseSq } & 0.8604 & 0.3722 & 2.31 & 0.0410\\\hline\end{array}$ Note: Adj.R Square = Adjusted R Square;Std.Error = Standard Error
-Referring to Instruction 16-5,suppose the chemist decides to use an F test to determine if there is a significant quadratic relationship between time and dose.If she chooses to use a level of significance of 0.01 she would decide that there is a significant quadratic relationship.

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Definitions:

Accounting Cycle

The complete process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation in the financial statements.

Optional Step

A step in a process or procedure that is not required to be completed but may be performed based on individual preference or circumstances.

Worksheet

A worksheet is an informal document used by accountants for organizing and adjusting financial information before preparing financial statements.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the accounts.