The Accompanying Table Shows the Regression Results When Estimating Y

question 68

Multiple Choice

The accompanying table shows the regression results when estimating y = β₀ + β₁x + ε. Is x significantly related to y at the 5% significance level?

• A) Yes,because the p-value of 0.0745 is greater than 0.05.
• B) No,because the p-value of 0.0745 is greater than 0.05.
• C) Yes,because the slope coefficient of 1.417 is less than the test statistic of 2.25.
• D) No,because the slope coefficient of 1.417 is less than the test statistic of 2.25.

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Definitions:

Niches

Specific segments of the market where specialized products or services can thrive.

Narrow Market Segments

Highly specialized and focused parts of a market defined by unique needs and characteristics, often targeted for niche marketing strategies.

External Analysis

The examination of factors outside an organization that can impact its performance, including market trends and competition.

Strengths

Positive attributes or characteristics within an organization or individual that provide advantages in achieving objectives or competing in the marketplace.