Exhibit 12-3 Regression Analysis Was Applied Between Sales Data (In $1,000s) and $1,000s)

question 31

Multiple Choice

Exhibit 12-3
Regression analysis was applied between sales data (in $1,000s) and advertising data (in $100s) and the following information was obtained.

-Refer to Exhibit 12-3. Using   0.05, the critical t value for testing the significance of the slope is

• A)1.753
• B)2.131
• C)1.746
• D)2.120

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Definitions:

Search Firms

Professional agencies that help companies find and recruit candidates for specific positions, particularly for high-level or specialized roles.

Gross Starting Salary

The total initial salary of an employee before deductions such as taxes and social security contributions.

Private Employment Agencies

Organizations that match job seekers with potential employers, usually for a fee.

Illegal

Activities or actions that are forbidden by law and subject to legal sanctions.