Use the Following Results Obtained from a Simple Linear Regression $\alpha$

question 93

Multiple Choice

Use the following results obtained from a simple linear regression analysis with 12 observations. = 37.2895 - (1.2024) X r² = .6744 s_b = .2934
Test to determine if there is a significant negative relationship between the independent and dependent variable at $\alpha$ = .05.Give the test statistic and the resulting conclusion.

• A)Reject H₀,t = -4.10
• B)Fail to reject H₀,t = 4.10
• C)Reject H₀,t = -1.783
• D)Fail to reject H₀,t = 1.783

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Definitions:

Price-Earnings Ratio

A financial ratio that compares a company's market price per share to its earnings per share, indicating the value that investors place on a company's earning capacity.

Market Price

The price charged for an item on the open market.

Fixed Costs

Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance.

Gross Margin Percentage

A profitability ratio that shows the percentage of sales revenue remaining after deducting the cost of goods sold, indicating the financial health and performance of a company's core activities.