Question: (a): Consider a store employing 10 workers located on a highway in a city with a median household income of $10,000. If the store hires

(a): Consider a store employing 10 workers located on a highway in a city with a median household income of $10,000. If the store hires 2 more employees, by how much would the predicted sales increase? (Round to two decimal places) (b): Choose one correct answer about the p-value for the coefficient for street. Assume that the t-critical value is 1.65 for the 10% significance level, 1.96 for 5%, and 2.52 for 1%. (a) 0.1 F 0. 0000 11 01 1 R-squared 0 . 4685 Root MSE 51091 Robust sales Coef. Std. Err. P>Itl [95% Conf. Interval] mall -18244.44 5157.387 -3.54 0.000 -28367.37 -8121 . 505 street -18534.5 7810.295 -2.37 -33864.56 -3204. 431 medhhinc -956.33 414. 71 -2.31 0 . 021 -1770. 324 -142 . 3364 emp1 5825 . 369 397. 7322 14 . 65 0. 000 5044 . 699 6606.038 sqft 9237 . 406 3584 . 761 2.58 0. 010 2201.23 16273.58 sqftXmedhhinc 189.2234 78 . 67348 2. 41 0 . 016 34 . 80294 343 . 6439 cons 20697 . 91 19935 . 84 1. 04 0. 299 -18432.2 59828 . 01 lincom mall-street ( 1) mall - street = 0 sales | Coef. Std. Err. t P>ItI [95% Conf. Interval] (1) 1 290 . 061 6740.534 0 . 04 0.966 -12940.28 13520 .4 test mall street 1) mall = 0 ( 2) street = 0 F( 2, 837) = 6.44 Prob > F = 0. 0017

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