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Management Studies

A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows results of this µltiple regression. SUMMARY OUTPUT Regression Statistics Multiple R 0.830 R Square 0.689 Adjusted R Square 0.662 Standard Error 17501.643 Observations 26 ANOVA df SS MS F Signif F Regression 2 15579777040 7789888520 25.432 0.0001 Residual 23 7045072780 306307512 Total 25 22624849820 Coeff StdError t Stat P-value Intercept 15800.0000 6038.2999 2.617 0.0154 Capital 0.1245 0.2045 0.609 0.5485 Wages 7.0762 1.4729 4.804 0.0001 Referring to the tables, which of the following values for a is the smallest for which the regression model as a whole is significant? a. 15,800.00 b. 16,520.07 c. 17,277.49 d. 20,455.98.

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Operation Management, Management Studies

Category:- Operation Management
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