Quiz1b[1]

# Quiz1b[1] - MGE302A:APPLIED...

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Question 2 1 out of 1 points A firm is experiencing theft problems at its warehouse. A consultant to the firm believes that the dollar loss from theft each week (T) depends on the number of security guards (G) and on the unemployment rate in the county where the warehouse is located (U measured as a percent). In order to test this hypothesis, the consultant estimated the regression equation T = a + bG + cU and obtained the following results: Dependent Variable: T R-Square F-Ratio P-Value on F Observations: 27 0.7793 42.38 0.0001 Variable Parameter Estimate Standard ErrorT-Ratio P-Value Intercept 5150.43 1740.72 2.96 0.0068 G -480.92 130.66 -3.68 0.0012 U 211.0 75.0 2.81 0.0096 A one percent increase in the level of unemployment in the county results in an increase in losses due to theft of __________ more losses per week. Selected Answer: D. \$211 Correct Answer: D. \$211 Question 3 1 out of 1 points If a regression coefficient passes the t-test, it means that Selected Answer: D. The regression coefficient is significantly different from zero. Correct Answer: D. The regression coefficient is significantly different from zero. Question 4 1 out of 1 points
Which of the following is NOT one of features characterizing market structures? Selected Answer:

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Quiz1b[1] - MGE302A:APPLIED...

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