Exhibit 15-1

question 38

Multiple Choice

Exhibit 15-1.An marketing analyst wants to examine the relationship between sales (in $1,000s) and advertising (in $100s) for firms in the food and beverage industry and so collects monthly data for 25 firms.He estimates the model .The following table shows a portion of the regression results. Refer to Exhibit 15-1.When testing whether the slope coefficient differs from 3,the value of the test statistic is:

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Definitions:

Result

The outcome or conclusion of a calculation, experiment, or action, indicating the final effect or findings.

Medication

A substance used in the diagnosis, treatment, mitigation, or prevention of disease.

Sum

The total result obtained when two or more numbers or quantities are added together.