The standard error of the estimate is closest to: A. 0.2631. B. 1.7849. C. 38.5579. Espey Jones
Question:
The standard error of the estimate is closest to:
A. 0.2631.
B. 1.7849.
C. 38.5579.
Espey Jones is examining the relation between the net profit margin (NPM) of companies, in percent, and their fixed asset turnover (FATO). He collected a sample of 35 companies for the most recent fiscal year and fit several different functional forms, settling on the following model:
ln(NPMi)= b0 + b1FATOi.
The results of this estimation are provided in Exhibit 1.
Transcribed Image Text:
Exhibit 1: Results of Regressing NPM on FATO Sum of Squares Source Regression Residual Total Intercept FATO df 1 32 33 Coefficients 0.5987 0.2951 102.9152 2.2152 105.1303 Standard Error 0.0561 0.0077 Mean Square 102.9152 0.0692 t- Statistic 10.6749 38.5579 F 1,486.7079 p-Value 0.0000 0.0000 p-Value 0.0000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
A is correct The s...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The predicted net profit margin for a company with a fixed asset turnover of 2 times is closest to: A. 1.1889 percent. B. 1.8043 percent. C. 3.2835 percent. Espey Jones is examining the relation...
-
At a 0.01 level of significance, Jones should conclude that: A. the mean net profit margin is 0.5987 percent. B. the variation of the fixed asset turnover explains the variation of the natural log of...
-
The coefficient of determination is closest to: A. 0.0211. B. 0.9789. C. 0.9894. Espey Jones is examining the relation between the net profit margin (NPM) of companies, in percent, and their fixed...
-
Four years from now you hope to buy your dream car. Today, that car costs $54,500. You expect the price to increase by an average of 3.1 percent per year over the next four years. How much will your...
-
Calculate the net torque about point 0 for the two forces applied as in Fig. 10.38. The rod and both forces are in the plane of the page. F2 120N F1 8.00N 30.0 K-2.00 m 3.00 m>
-
4. (a) What is internal rate of return (IRR). Find the IRR of Projects M and P. (Show your workings clearly by employing the trial-and-error method) (b) According to IRR, which project or projects...
-
How long have you been working in your current position?
-
1. What are the roles of comparative and competitive advantages in Hyundais success? Illustrate your answers by providing specific examples of natural and acquired advantages that Hyundai employs to...
-
37 Solve for N as a function of t, we get N = a(1-1) Some calculation details: +(1-a)) 38 Now let z = 1, a = 0.33, b = 2.15 and t = 0.5, the N you calculated in 37 is
-
A characteristic of Big Data is that: A. it involves formats with diverse structures. B. one of its traditional sources is business processes. C. real-time communication of it is uncommon due to vast...
-
Using information from Exhibit 2, the 99 percent prediction interval for Amtex share return for Month 37 is best described as: A. 0.0053. B. 0.0469. C. 0.1279. Elena Vasileva recently joined...
-
In Exercises 14, write the first five terms of each sequence. Assume that d represents the common difference of an arithmetic sequence and r represents the common ratio of a geometric sequence. H1_ n...
-
In the "Auditor's Guide to Information Systems Auditing", A subset of the described IT definitions is listed below. Given what was discussed and your research, place a risk designation of high,...
-
E-portfolios are different from a resume, which is normally tailored to the position, I see portfolios as a full representation of the student that has minimal need for change, i.e., it is designed...
-
When there is an export and import control barrier, which of the strategies is not appropriate in this situation?
-
Which accounts may be set up to use account reconciliation - a. all asset, liability and equity accounts b. only asset and equity or capital accounts c. only bank and credit card asset accounts d....
-
There is a very useful generation fonction that related to the Legendre polynomials:
-
Why should a company normally account for product warranties on an accrual basis?
-
Factor and simplify, if possible. Check your result using a graphing calculator. 3 cot 2 + 6 cot + 3
-
Whindy Corporation, an S corporation, reports a recognized built-in gain of $80,000 and a recognized built-in loss of $10,000 this year. Whindy holds an $8,000 unexpired NOL carryforward from a C...
-
Flint, an S corporation with substantial AEP, reports operating revenues of $410,000, taxable interest income of $390,000, operating expenses of $260,000, and deductions attributable to the interest...
-
Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13-year-old daughter owns all of the other shares. Both parents work full-time in the restaurant, but the daughter works...
-
Grouper, Inc. provided the following information: July August Projected sales $218,000 $260,000 Projected merchandise purchases $140,000 $182,000 Grouper estimates that it will collect 40% of its...
-
what entities are currently supported by national aeronautics and space administration (NASA) delegations? (select three) atlas launch systems, orbital science commercial resupply service for the...
-
All of the following statements related to the use of break-even analysis are true except: A. B. C. D. CDE E. a change in fixed costs changes the break-even point but not the contribution margin...
Study smarter with the SolutionInn App