Use the Following to Answer the Question(s) Below

question 16

Multiple Choice

Use the following to answer the question(s) below.
For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions) and total tourism revenue (in billions of dollars) for a sample of 10 countries. Below is the regression analysis output with tourism revenue as the dependent variable.
-The calculated t-statistic to test whether the regression slope is significantly different from zero is

• A) 6.20.
• B) 13.88.
• C) 0.07917.
• D) 2.58307.
• E) 3.73.

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in a company, calculated as total assets minus total liabilities.

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in cash.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing shareholders' ownership.

Earnings

The amount by which revenues exceed expenses.