A Multiple Regression Analysis Produced the Following Tables

question 12

Multiple Choice

A multiple regression analysis produced the following tables. These results indicate that ____________.

• A)none of the predictor variables are significant at the 5% level
• B)each predictor variable is significant at the 5% level
• C)x1 is the only predictor variable significant at the 5% level
• D)x2 is the only predictor variable significant at the 5% level
• E)the intercept is not significant at the 5% level

---

Definitions:

Tariff

A tax or duty to be paid on a particular class of imports or exports, often used as a tool for trade policy.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time period.

Revenue

The total income generated by a business or government from its activities, including sales of goods and services, taxes, and other sources.

Importer or Exporter

A business or country that buys goods from abroad (importer) or sells goods to foreign countries (exporter).