QUESTION 7 A researcher has estimated a linear model to study the effect of weekly household...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
QUESTION 7 A researcher has estimated a linear model to study the effect of weekly household income x, (in $100) on weekly household expenditure on i food y, (in $). Using a sample of size N = 40, she found that i y = 83.42 + 10.21x,, R²=0.384 i' (43.41) (2.09) N and Σ(y₁ - y)²=5 2=500,000 and the sample mean of x is 19.605. Consider a hypothesis testing against i Ho: the slope coefficient is 3.94. ✓ For this testing, the t-ratio is: V Therefore we, at the 5% significance level, a. cannot do anything unless the significance level is 10%. b.5 C. 4 d. accept H1. e. 4.89 f. reject Ho. 8. re-estimate the regression model using different data. h.2 i. 3 j. do not reject Ho. QUESTION 7 A researcher has estimated a linear model to study the effect of weekly household income x, (in $100) on weekly household expenditure on i food y, (in $). Using a sample of size N = 40, she found that i y = 83.42 + 10.21x,, R²=0.384 i' (43.41) (2.09) N and Σ(y₁ - y)²=5 2=500,000 and the sample mean of x is 19.605. Consider a hypothesis testing against i Ho: the slope coefficient is 3.94. ✓ For this testing, the t-ratio is: V Therefore we, at the 5% significance level, a. cannot do anything unless the significance level is 10%. b.5 C. 4 d. accept H1. e. 4.89 f. reject Ho. 8. re-estimate the regression model using different data. h.2 i. 3 j. do not reject Ho.
Expert Answer:
Related Book For
Business Research Methods
ISBN: 978-0073521503
12th edition
Authors: Donald R. Cooper, Pamela S. Schindler
Posted Date:
Students also viewed these general management questions
-
NCR Corporation, known as a world leader in ATMs, point-of-sale (POS) retail checkout scanners and check-in kiosks at airports, announced June 2009 that it would move its world headquarters from...
-
Woodstock Industrial Products Inc. is recognized as a world leader in the manufacture of industrial products. The company's success has created vast amounts of business goodwill . Would you expect to...
-
How do you use positive emphasis in a negative message?
-
1. Suppose a company produces a product that sells for $55, has a variable cost per unit of $35, and has fixed costs of $100,000. How many units must the company sell to earn a target profit of...
-
On May 1, 2016, Gia Equipment Manufacturers (GEM) agreed to lease machinery to Jason Associates. GEM paid $ 2,000,000 to produce the machine and carries it at this amount in its inventory. The fair...
-
On September 29, 2008, the stock market fell almost 7%. How can we reconcile these kinds of huge losses in the stock market with the efficient market hypothesis?
-
On the American Arbitration Association website, referenced in Exhibit 19.1, can you also find information about mediations? Is there a form that provides for mediation by the AAA? What are the...
-
A mass m at the end of a spring vibrates with a frequency of 0.88 Hz. When an additional 680-g mass is added to m, the frequency is 0.60Hz. What is the valued of m?
-
The actuary for the pension plan of Blossom Company calculated the following net gains and losses: Incurred during the Year (Gain) or Loss 2025 $(643,000) 2026 259,000 2027 953,000 2028 404,000 Other...
-
A national catalog and Internet retailer has three warehouses and three major distribution centers located around the country. Normally, items are shipped directly from the warehouses to the...
-
Johan dies on 3 June 2023. He bequeathed his rental property to the Johan Trust, an inter vivos discretionary family trust, with a life-long usufruct in favor of his wife, Marlene. At the time of his...
-
The spreadsheet will provide a level of insight into team performance and inform managers of the progress being made towards achieving sales goals. It must include: Calculated "Total Weekly Sales"...
-
A corporation has? 3,000 shares,? 10% preferred stock of? $50.00par preferred? stock, and? 6,000 shares of common stockoutstanding. The net income for the year is? $290,000. Calculateearnings per...
-
Madeline Manufacturing Inc. s current stock price is $ 4 0 per share. Call options for this stock exist that permit the holder to purchase one share at an exercise price of $ 3 0 . These options...
-
Analyzing a company for its investment potential In its annual report, WRM Athletic Supply, Inc. includes the following five-year financial summary: WRM ATHLETIC SUPPLY, INC. Five-Year Financial...
-
RFP to Determine Consumers' Perceptions of Purchasing Multi-Purpose Cleansing and Facial Device The use of skincare devices is on the rise, although only a few Canadians have enjoyed the experience...
-
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Selling price per unit Weedban $ 11.00...
-
Parkin Industries, a U.S. company, acquired a wholly-owned subsidiary, located in Italy, at the beginning of the current year, for 200,000. The subsidiary's functional currency is the euro. The...
-
Using the following data, X ....... Y 3 ...... 6 6 ...... 10 9 ...... 15 12 ...... 24 15 ...... 21 18 ...... 20 a. Create a scatterplot. b. Find the least-squares line. c. Plot the line on the...
-
What can we measure about the four objects listed below? Be as specific as possible. (a) Laundry detergent (b) Employees (c) Factory output - We (d) Job satisfaction
-
Distinguish between the following: a. Technical report and management report. b. Topic outline and sentence outline.
-
The inversion point of a gas can be mathematically expressed as (a) \(T_{i}=\frac{2 a b}{R}\) (b) \(T_{i}=\frac{2 b}{R a}\) (c) \(T_{i}=\frac{2 a}{R b}\) (d) None of these.
-
Residual free energy is defined as (a) \(G^{R}=G-G^{\mathrm{ig}}\) (b) \(G^{R}=G^{\mathrm{ig}}-G\) (c) \(G^{R}=G+G^{\mathrm{ig}}\) (d) None of these.
-
Departure functions are useful to calculate the thermodynamic property of real fluids (a) When the \(P-V-T\) data of the substance is unavailable (b) When the \(P-V-T\) data of the substance is...
Study smarter with the SolutionInn App