Chapter 14 Question 2 I got this question wrong. I need help with the formula and which numbers to use including reading any tables.

b) Do you think that a ccrnpanfs assets serve as a useful predictor 0'! their sales? - A company's assets should be very helpful in predicting sales. Since R2 = 30.9%, it is true that 30.9% of the variability in LogSaies can be accounted for by chAssets. - A company's assets should be very helpful in predicting sales. Since R2 = 30.9%, it is true that 69.1 % cf the variability in LogSaies can be accounted for by chAssets. - A company's assets may be of some help in predicting sales. Since R2 = 30.9%. it is true that 69.1% cfthe variability in LogSaies can be accounted for by chAssets. - A company's assets may be of some help in predicting sales. Since R2 = 30.9%. it is true that 30.9% cfthe variability in LogSaies can be accounted for by chAssets. An analyst was interested in the relationship between a company's assets and Dependent variable is: LogSales sales. She created the displayed regression analysis. She took the logarithm of R squared = 30.9% these variables to make the relationship more linear. The assumptions for s = 0.4286 with 78 - 2 =76 degrees of freedom regression inference appeared to be satisfied. Use the output to the right to complete parts a and b. Variable Coefficient SE(Coeff) t-ratio P-value Intercept 1.332 0.4385 3.04 0.0032 LogAssets 0.527 0.4833 1.09 0.2792 a) Is there a significant linear association between LogAssets and LogSales? Find the t-value and P-value to test an appropriate hypothesis and state your conclusion in context. First, state the appropriate hypotheses. Ho: There is no linear association between LogAssets and LogSales (B, = 0). HA: There is a linear association between LogAssets and LogSales (B, # 0). What is the t-value for this test? t= 1.09 (Do not round.) What is the P-value for this test? O 0.0032