A micro economist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel output below shows the results of this multiple regression SUMMARY OUTPUT Regression Statistics MultipleR 0.830 R Square 0.689 Adjusted R Square 0.662 Standard Error 17501.643 Observations 26 ANOVA F 25.432 Significance F 0.0001 MS 7789888520 306307512 Regression Residual Total 2 23 25 SS 15579777040 7045072780 22624849820 Intercept Capital Wages Coefficients 15800.000 0.1245 7.0762 Standard Error 0.2045 1.4729 p -value 0.0154 Stat 2.617 0.609 4.804 0.5485 0.0001 The p-value for overall F-test is
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A micro economist wants to determine how corporate sales are influenced by capital and wage spending...
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