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Alan Bissell,market Analyst for City Sound Mart,is Analyzing the Relation

Question 45

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Alan Bissell,market analyst for City 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 Bissell,market analyst for City 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 <font face= symbol ></font> = 0.05,Alan should ___. A) increase the sample size B) not reject H<sub>0</sub>: <font face= symbol ></font><sub>1</sub> = 0 C) reject H<sub>0</sub>: <font face= symbol ></font><sub>1</sub> = 0 D) suspend judgment E) reject H<sub>0</sub>: <font face= symbol ></font><sub>0</sub><sub> </sub>= 0 Alan Bissell,market analyst for City 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 <font face= symbol ></font> = 0.05,Alan should ___. A) increase the sample size B) not reject H<sub>0</sub>: <font face= symbol ></font><sub>1</sub> = 0 C) reject H<sub>0</sub>: <font face= symbol ></font><sub>1</sub> = 0 D) suspend judgment E) reject H<sub>0</sub>: <font face= symbol ></font><sub>0</sub><sub> </sub>= 0 Using = 0.05,Alan should ___.


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

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