In a regression analysis of a first-order model involving 3 predictor variables and 25 observations, the following estimated regression equation was developed. y = 10 - 18x1 + 3x2 + 14x3 Also, the following standard errors and the sum of squares were obtained. sb1 = 3 sb2 = 6 sb3 = 7 SST = 4800 SSE = 1296 At the .05 level of significance, the coefficient of x3
a. is significant.
b. is not found to be significant.
c. cannot be tested, because not enough information is provided.
d. should be estimated again, because it is incorrect in the above equation.
b
You might also like to view...
Avoid explaining or justifying until you have listened fully to the customer's feedback
Indicate whether the statement is true or false
Colons separate ___________ from minutes
a. seconds b. hours c. reports d. words
The U.S. stock market
A) currently represents about 66% of the world's equity market. B) consistently outperforms the foreign markets once exchange rates are considered. C) is decreasing as a percentage of the world's equity market. D) lists over 25,000 stocks.
Kurton Inc. owned 90% of Luvyn Corp.'s voting common stock. The consideration paid exceeded book value by $110,000. Of this amount, one half is attributable to a patent and is to be amortized over 5 years. Luvyn held 20% of Kurton's voting common stock, which cost $28,000 more than fair value. During the current year, Kurton reported separate net income of $224,000 as well as dividend income from Luvyn of $37,800. At the same time, Luvyn reported its separate net income of $70,000 as well as dividend income from Kurton of $19,600.Required:Using the treasury stock approach, prepare a schedule to show what is reported as the net income attributable to the noncontrolling interest in Luvyn.
What will be an ideal response?