A certain firm provides expense accounts for its executives. Using the following data, the firms human resources

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A certain firm provides expense accounts for its executives. Using the following data, the firm’s human resources department ran a regression analysis to determine whether a relationship exists between annual salary and amount claimed in expenses each year.image text in transcribed

The regression results wereimage text in transcribed

(a) Test the hypothesis that there is no relationship between annual salary and expenses claimed, using the t-test on the regression coefficient

b. Use α = .05.

(b) Repeat the test of part (a), but use the t-test on r.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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