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A random sample of 81 companies from the Forbes 500 list was selected and the relationship between profits (Y), measured in hundreds of thousands of
A random sample of 81 companies from the Forbes 500 list was selected and the relationship between profits (Y), measured in hundreds of thousands of dollars, and sales (X) in hundreds of thousands of dollars) was investigated by linear regression. The results are as follows:
Variable Estimate Estimated Standard Error
Sales (X) .0924 .042
Constant -176.644 61.16
Suppose the researchers test the hypotheses: Ho: 1 = 0 versus Ha: 1 > 0. The p-value of the test is:
Less than .01
Between .10 and .05
Greater than .10
Between .05 and .01
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