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Selling Price and Amount Spent Advertising Were Entered into a Multiple

Question 2

Multiple Choice

Selling price and amount spent advertising were entered into a multiple regression to determine what affects flat panel LCD TV sales.The correct null and alternative hypotheses for testing the regression coefficient of Price is _______________________ .


A) H0: βP ≠ 0 vs.HA : β P = 0
B) H0: βP ≥ 0 vs.HA : β P < 0
C) H0: βP ≤ 0 vs.HA : β P > 0
D) H0: βP = 0 vs.HA : β P ≠ 0
E) H0: The regression is not significant vs.HA: the regression is significant

Correct Answer:

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