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In need of assistance with the problem found in the photo, please. I think 31. is B, but beyond that I am unsure. A microeconomist

In need of assistance with the problem found in the photo, please.

I think 31. is B, but beyond that I am unsure.

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A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds to randomly select 26 large corporations and record information in millions of dollars. The technology output shows the result of this multiple regression in the accompanying table. . Click the icon to view the regression summary output. X 31. What percentage of the variability in sales is explained by spending on capital and wages? i Regression summary output O A. 68.9% O B. 83% O C. 27.0% Regression Statistics Multiple R 0.830 O D. 50.9% R Square 0.689 32. Which of the independent variables in the model are significant at the 5% significance level? Adjusted R Square 0.662 O A. None of the above Standard Error 17,501.643 O B. Capital Observations 26 O C. Wages ANOVA O D. Capital, Wages df SS MS F Signif F Regression 2 15,579,777,040 7,789,888,520 25.432 0.0001 Residual 23 7,045,072,780 306,307,512 33. What are the predicted sales (in millions of dollars) for a company spending $100 million on capital and $100 million on wages? Total 25 22,624,849,820 $15,800.00 Coeff StdError t Stat O p-value $20,455.98 Intercept 15,800.0000 6,038.5674 2.617 0.0154 O $16,520.07 Capital 0.1245 0.2045 0.609 0.5485 Wages O $17,277.49 7.0762 1.4729 4.804 0.0004 Print Done Click to select your answer. Save for Later

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