Author Question: A decision maker is considering including two additional variables into a regression model that has ... (Read 157 times)

viki · **on:** Jun 24, 2018

A decision maker is considering including two additional variables into a regression model that has as the dependent variable, Total Sales.

The first additional variable is the region of the country (North, South, East, or West) in which the company is located. The second variable is the type of business (Manufacturing, Financial, Information Services, or Other). Given this, how many additional variables will be incorporated into the model?A) 2
B) 6
C) 8
D) 9

Question 2

Given the data below, one ran the simple regression analysis of Y on X.

Y X
4 2
3 1
4 4
6 3
8 5

The relationship between Y and X is
A) significant at the alpha = 1 percent level.
B) significant at the alpha = 5 percent level.
C) significant at the alpha = 10 percent level.
D) not significant at the alpha = 10 percent level.