In Multiple Regression, a Dummy Variable Is Significantly Related to the Dependent

question 88

Multiple Choice

In multiple regression, a dummy variable is significantly related to the dependent variable when ______________.

• A) The global test of the regression equation is rejected
• B) The test of the dummy variable's regression coefficient is rejected
• C) The dummy variable is correlated with other independent variables
• D) The dummy variable is coded as 2 or 3

---

Definitions:

Cost of Goods Manufactured

The total cost of producing goods during a specific period, including materials, labor, and overhead.

Cost of Goods Manufactured

Represents the total production cost of goods that are completed and ready for sale during a specific accounting period.

Current Year

Refers to the present fiscal or calendar year in which a business or organization is operating.

Cost of Goods Manufactured

The complete cost of goods manufactured in a given period, encompassing expenses for materials, labor, and overhead.