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Louis Katz,a Cost Accountant at Papalote Plastics,Inc α\alpha = 005,Louis Should ________________

Question 35

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Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI) ,is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) ,and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables. Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI) ,is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) ,and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables. Using \alpha = 0.05,Louis should ________________. A) increase the sample size B) suspend judgment C) not reject H<sub>0</sub>: \beta <sub>1</sub> = 0 D) reject H<sub>0</sub>: \beta <sub>1</sub> = 0 E) do not reject H<sub>0</sub>: \beta <sub>0</sub> = 0 Louis Katz,a cost accountant at Papalote Plastics,Inc.(PPI) ,is analyzing the manufacturing costs of a molded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) ,and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables. Using \alpha = 0.05,Louis should ________________. A) increase the sample size B) suspend judgment C) not reject H<sub>0</sub>: \beta <sub>1</sub> = 0 D) reject H<sub>0</sub>: \beta <sub>1</sub> = 0 E) do not reject H<sub>0</sub>: \beta <sub>0</sub> = 0
Using α\alpha = 0.05,Louis should ________________.


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

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