Use the Following to Answer the Question(s) Below

question 20

Multiple Choice

Use the following to answer the question(s) below.
Data were collected for a sample of 12 pharmacists to determine if years of experience and salary are related. Below are the regression analysis results. The dependent variable is Salary in thousands of dollars.
-The P-value associated with this statistic is < 0.001. At the 0.05 level of significance

• A) we reject the alternative hypothesis.
• B) we fail to reject the null hypothesis.
• C) there is no evidence that the number of years of experience is significant in explaining pharmacists' salary.
• D) we reject the null hypothesis, and we conclude that there is strong evidence of an association between years of experience and pharmacists' salary.
• E) we support the null hypothesis, and we conclude that years of experience and pharmacists' salary are not related.

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Definitions:

EPS

Earnings Per Share; an indicator of a company's profitability, calculated as the company's net income divided by the number of its outstanding shares.

Capital Restructuring

Changing a firm’s capital structure intentionally by buying and selling stocks and bonds simultaneously.

Leverage

Leveraging borrowed money to enhance the expected gains from an investment.

Financial Risk

The chance of experiencing financial loss from an investment or enterprise because of different economic elements.