Exhibit 13-6
Below You Are Given a Partial Computer Output

question 143

Multiple Choice

Exhibit 13-6
Below you are given a partial computer output based on a sample of 16 observations.
$\begin{array}{lcc} & \text { Coefficient } & \text { Standard Error } \\\text { Intercept } & 12.924&4.425\\\mathrm{X}_{1} & -3.682&2.63. \\\mathrm{X}_{2} &45.216&12.560\\\end{array}$
$\text { Analysis of Variance }$

$\begin{array}{lccc}\text { Source of } & \text { Degrees } &\text { Sum of } &\text { Mean }\\\text { Variation } & \text { of Freedom }&\text { Squares } & \text { Square }&F\\\text { Regression }&&4,853&2,426.5\\\text {Error }&&&485.3\end{array}$
-Refer to Exhibit 13-6. Carry out the test to determine if there is a relationship among the variables at the 5% level. The null hypothesis should

• A) be rejected
• B) not be rejected
• C) revised
• D) None of these alternatives is correct.

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Definitions:

Supply

The overall quantity of a particular product or service accessible to buyers.

Demand Curve

A depiction in graphic form that illustrates the link between the cost of a merchandise and the volume of demand from buyers.

Equilibrium Quantity

The quantity of goods or services at which supply equals demand, and there is no tendency for change in the price or quantity.

Normal Good

A type of good for which demand increases as consumer income rises, reflecting goods that are more desirable as financial conditions improve.