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 MicrosoftExcel output below shows results of this multiple regression. Note: the Excel results are for a standard two-tailed test.Click the icon to view the results.What is the p-value for testing whether Wages have a negative impact on corporate sales?OutputSUMMARY OUTPUTO A. 0.05Regression StatisticsO B. 0.99995Multiple RR SquareAdjusted R Square0.830O C. 0.00010.6890.662O D. 0.00005Standard Error17501.643Observations26ANOVASp15579777040Signif F0.0001MSFRegression778988852025.432Residual237045072780306307512Total2522624849820CoeffStdErrort StatP-valueInterceptCapitalWages15800.0000 6038.29992.6170.01540.12450.20450.6090.54857.07621.47294.8040.0001PrintDone

Given that A microeconomist wants to determine how corporate sales are influenced by capital and…

Answered: A microeconomist wants to determine how…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r2 value. The regression equation is reported as y = - 61.46x + 41.55 and the r? = 0.16. What is the correlation coefficient for this data set? r =
Prehistoric pottery vessels are usually found as sherds (broken pieces) and are carefully reconstructed if enough sherds can be found. An archaeological study provides data relating x = body diameter in centimeters and y = height in centimeters of prehistoric vessels reconstructed from sherds found at a prehistoric site. The following Minitab printout provides an analysis of the data. Predictor Coef SE Coef T PConstant -0.215 2.429 -0.09 0.929Diameter 0.7905 0.1471 5.29 0.003 S = 4.07980 R-Sq = 87.5% a) For the least-squares line ŷ = a + bx, what is the value of the constant a? What is the value of the slope b? (Note: The slope is the coefficient of the predictor variable.) Write the equation of the least-squares line.a = b = ŷ = ______+ ____x b) The P-value for a two-tailed test corresponding to each coefficient is listed under P. The t value corresponding to the coefficient is listed under T. What is…
You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r2r2 value. The regression equation is reported asy=55.82x+32.43y=55.82x+32.43and the r2=0.3136r2=0.3136.What is the correlation coefficient for this data set?r =
In doing regression analysis in MS Excel, what are the three sets of data you see from Regression result? Select all that apply. A. Probability Output B. Residual Output C. ANOVA D. Summary Output E. OVERALL Fit
You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r value. The regression equation is reported as y = 75.56z + 78.71 and the r = 0.2209. What is the correlation coefficient for this data set?
Using your favorite statistics software package, you generate a scatter plot with a regression equ correlation coefficient. The regression equation is reported as y = -11.24x +34.27 and the r = -0.47. What proportion of the variation in y can be explained by the variation in the values of x? r² = % Report answer as a percentage accurate to one decimal place. Submit Question
Refer the image for the question
You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r value. The regression equation is reported as y = – 17.55x + 59.45 and the r? = 0.0081. What is the correlation coefficient for this data set? r =
Please answer asap
You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the rí value. The regression equation is reported as y = - 38.57x + 35.79 and the r2 = 0.4096. What is the correlation coefficient for this data set? r =
The output of a another regression analysis on the effect of radio advertising spending, television advertising spending and online advertising spending on sales is given below. For this study they explored 3 different types of advertising spending (radio, television and online). They modelled it as y = ao + a1¤1+a2x2 + a3X3. The table below gives the summary output of this regression analysis. Regression Analysis: Sales versus Spend Analysis of Variance Source DF s MS F-Value P-Value Regression d freg 23.897.37 MSR F-val p-val Error dferr 552.44 MSE Total 36 Find the F-value in the above table. Give your answer to 3 decimal places.
Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft.The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained:The regression equation is ????? = ? + ???????? + ?????? ???? + ???? ????Predictor Coef SE Coef T PConstant 37718 14177 2.66 **Bedrooms 2306 6994 0.33 0.742House Size 74.3 52.98 * 0.164Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq(adj)=54.6% Source DF SS MS F PRegression 3 76501718347 25500572782 *** ****Residual…

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS