(See picture)
A. 83.0%
B. 50.9%
C. 27.0%
33
Answer (Choose 1 answer)
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 Microsoft Excel output below shows results of this multiple regression.
SUMMARY OUTPUT
D. 68.9%
Regression Statistics
Multiple R
0.83
R Square
0.689
Adjusted R Square
0.662
Standard Error
17501.64
Observations
26
ANOVA
df
SS
Regression
Residual
Total
MS
2 1.56E+10
7.79E+09
25.432
23 7.05E+09
3.06E+08
F
Signif F
0.0001
25 2.26E+10
Coeff StdError t Stat
6038.3
Intercept
15800
P-value
2.617
0.0154
