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Alan Nip, Market Analyst for Clear Sound Mart, Is Analyzing α\alpha

Question 59

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Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables: Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables: Using \alpha = 0.05, Alan should ___. A) increase the sample size B) not reject H<sub>0</sub>: \beta <sub>1</sub> = 0 C) reject H<sub>0</sub>: \beta <sub>1</sub> = 0 D) suspend judgment E) reject H<sub>0</sub>: \beta <sub>0</sub><sub> </sub>= 0 Alan Nip, market analyst for Clear Sound Mart, is analyzing the relation between heavy metal CD sales and the size of the teenage population.He gathers data from six sales districts.Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's) , and his independent variable is teenage population (in 1,000's) .Regression analysis of the data yielded the following tables: Using \alpha = 0.05, Alan should ___. A) increase the sample size B) not reject H<sub>0</sub>: \beta <sub>1</sub> = 0 C) reject H<sub>0</sub>: \beta <sub>1</sub> = 0 D) suspend judgment E) reject H<sub>0</sub>: \beta <sub>0</sub><sub> </sub>= 0 Using α\alpha = 0.05, Alan should ___.


A) increase the sample size
B) not reject H0: β\beta 1 = 0
C) reject H0: β\beta 1 = 0
D) suspend judgment
E) reject H0: β\beta 0 = 0

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