QUESTION 2ID1The simple linear regression model in the exhibit 2data shows that,O Both the intercept and the IDV are not significant at 0.05 significance levelO Only the IDV is significant at 0.01 significance levelO Both the intercept and the IDV are significant at 0.10 significance levelO Neither a, nor b, nor c aboveQUESTION 3ID1The quadratic model [scales sold hat = bo + b1*(months employed) + b2*(months employed)2] in the exhibit 2 data shows that,O All IDVS are significant at alpha = 0.01 levelO Only "months employed" is significant at alpha = 0.01 levelO Only the intercept is significant at alpha = 0.01 levelO Neither a, nor b, nor c above ID1Exhibit2 information starts here ***Months EmployedScales Sold412751062497625310015222162121808526711114540189512358312112677032519189

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The simple linear regression model in the exhibit 2 data shows that, Both the intercept and the IDV are not significant at 0.05 significance level Only the IDV is significant at 0.01 significance level Both the intercept and the IDV are significant at 0.10 significance level Neither a, nor b, nor c above

The simple linear regression model in the exhibit 2 data shows that, Both the intercept and the IDV are not significant at 0.05 significance level Only the IDV is significant at 0.01 significance level Both the intercept and the IDV are significant at 0.10 significance level Neither a, nor b, nor c above

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter4: Estimating Demand

Section: Chapter Questions

Problem 1E

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