ExamDecisionPractice1
1) Thefollowingisapayofftablegivingprofitsforvarioussituations.
Whatdecisionwouldanoptimistmake?
A) Alternative1
B) Alternative2
C) Alternative3
D) DoNothing
2) Thefollowingisapayofftablegivingprofitsforvarioussituations.
Whatdecisio
Triple A Construction Company
Sales (Y)
6.0
8.0
9.0
5.0
4.5
9.5
Payroll (X)
3.0
4.0
6.0
4.0
2.0
5.0
F - Test for Significance - F=MSR/MSE => If there is very little error, the denominator (MSE) of the
F statistic ise very small relative to Numerator (MSR)