Multiple Choice
Data is collected from 20 sales people in order to verify that the more contacts made with potential
Clients, the greater the sales volume. The MegaStat printout is shown below.
Analyzing this printout we can determine:
A) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.05 level of significance.
B) the value of t indicates that the coefficient of correlation is greater than zero when using the 0.01 level of significance.
C) the value of t indicates that the coefficient of correlation cannot be shown to be different than zero when tested at the 0.01 level of significance.
D) the standard error indicates that the coefficient of correlation is not different from zero.
E) the value of t indicates that the coefficient of correlation is greater than zero at both the 0.01 and 0.05 levels of significance.
Correct Answer:

Verified
Correct Answer:
Verified
Q75: i. Trying to predict weekly sales with
Q76: i. The basic question in testing the
Q77: i. The least squares technique minimizes the
Q78: What is the coefficient of determination? <img
Q79: The relationship between interest rates as a
Q81: Given the following five points: (-2,0), (-1,0),
Q82: i. The coefficient of determination can only
Q83: The following table shows the number of
Q84: A sales manager for an advertising agency
Q85: If the correlation coefficient between two variables