Consider the Following to Answer the Question(s) Below

question 17

Multiple Choice

Consider the following to answer the question(s) below:
What affects 4K Ultra HD Smart TV sales? TVs are sold through a variety of outlets. Sales figures (number of units) for the Samsung 7 Series were obtained for last quarter from a sample of 30 different stores. Also collected were data on the selling price and amount spent on advertising the Samsung 7 Series (as a percentage of total advertising expenditure in the previous quarter) at each store. Below are the results.
-The calculated t-statistic to determine if amount spent on advertising is a significant independent variable in explaining Samsung 7 Series sales is

• A) 3.60.
• B) - 3.04.
• C) 8.40.
• D) 10.61.
• E) 0.3680.

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Definitions:

Annual Cash Operating Costs

Refers to the total amount of cash expenditures that a business incurs within one year to maintain its operations excluding non-cash expenses.

New Bus

A recently manufactured bus, not previously used or owned, often equipped with the latest features and technology.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Annual Cash Operating Costs

The total amount of money a business spends on its operations over the course of a year, excluding non-cash expenses.