Abby Kratz, a Market Specialist at the Market Research Firm

Multiple Choice

Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm. Abby's dependent variable is monthly household expenditures on groceries (in $'s) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: 11ea645c_71f3_c008_9252_276ec7aa4b76_TB1679_00 Using α = 0.05, Abby should ___.
A) reject H₀: β₁ = 0
B) not reject H₀: β₁ = 0
C) increase the sample size
D) suspend judgment
s) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: Using α = 0.05, Abby should ___. A) reject H₀: β₁ = 0 B) not reject H₀: β₁ = 0 C) increase the sample size D) suspend judgment " class="answers-bank-image d-block" rel="preload" > Using α = 0.05, Abby should ___.
A) reject H₀: β₁ = 0
B) not reject H₀: β₁ = 0
C) increase the sample size
D) suspend judgment
s) , and her independent variable is annual household income (in $1,000's) . Regression analysis of the data yielded the following tables: Using α = 0.05, Abby should ___. A) reject H₀: β₁ = 0 B) not reject H₀: β₁ = 0 C) increase the sample size D) suspend judgment " class="answers-bank-image d-block" rel="preload" > 11ea645c_71f3_c008_9252_276ec7aa4b76_TB1679_00 Using α = 0.05, Abby should ___.

A) reject H₀: β₁ = 0
B) not reject H₀: β₁ = 0
C) increase the sample size
D) suspend judgment