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Exhibit 15-1

question 6

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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 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 critical values at the 5% significance level are -2.069 and 2.069.The conclusion to the test is to A) Reject H<sub>0</sub>;the slope coefficient differs from 3. B) Not reject H<sub>0</sub>;the slope coefficient differs from 3. C) Reject H<sub>0</sub>;the slope coefficient does not differ from 3. D) Not reject H<sub>0</sub>;the slope coefficient does not differ from 3. .The following table shows a portion of the regression results. 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 critical values at the 5% significance level are -2.069 and 2.069.The conclusion to the test is to A) Reject H<sub>0</sub>;the slope coefficient differs from 3. B) Not reject H<sub>0</sub>;the slope coefficient differs from 3. C) Reject H<sub>0</sub>;the slope coefficient does not differ from 3. D) Not reject H<sub>0</sub>;the slope coefficient does not differ from 3. Refer to Exhibit 15-1.When testing whether the slope coefficient differs from 3,the critical values at the 5% significance level are -2.069 and 2.069.The conclusion to the test is to


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