The Partial Mega Stat Output Below Is Regression Analysis of the Relationship

question 130

Multiple Choice

The partial mega stat output below is regression analysis of the relationship between annual payroll and number of wins in a season for 28 teams in professional sports. The purpose of the analysis is to predict the number of wins when given an annual payroll in $millions. Although technically not a sample, the baseball data below will be treated as a convenience sample of all major league professional sports. Refer to the printout above. The critical value of t, at the 5% level of significance, for testing the slope of the regression line is:

• A) 2.056.
• B) 1.706.
• C) 1.314.
• D) 1.703.
• E) 1.061.

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Definitions:

Cognitive Dissonance

A psychological concept involving the discomfort experienced when holding conflicting beliefs or attitudes, leading to an alteration in one or more of these beliefs to reduce the discomfort.

Counterattitudinal Behaviour

Engaging in behaviors that are contrary to one's personal beliefs or attitudes.

Persuasive Communications

Messages designed to influence the attitudes or behaviors of others through the use of argument, information, or appeals.

Two-sided Argument

A form of argument that presents both favorable and unfavorable information about a particular subject to achieve a more balanced perspective.