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Please explaine your answer so I can understand Use the following regression results to answer the four questions below. Dependent Variable: Q Observations: 32 R2:

Please explaine your answer so I can understand

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Use the following regression results to answer the four questions below. Dependent Variable: Q Observations: 32 R2: 0.7547 Fratio: 92.31 p-ratio on F: 0.0001 Parameter Estimate Standard Error m p-value -0.0016 0.0005 0.0032 0.4000 0.0950 4.21 0.0002 Which of the following equations is derived correctly? Select one: Q a. MP = 0.()048L2 + 0.8000L o b. Q = o.0016L3 + 0.4000L2 + 0.0005L + 0.7547 0 0. AP = 0.000533L2 0.1333L o d. AP = ().0032L2 + 0.8000L The coefficient estimates above are statistically significant at the 10% level. Select one: 0 True 0 False The slope of the AP curve is found by ; AP is maximized at units of labor. Select one: 0 a. 0.0032L2 + 0.2L L = 62.5 o b. 0.0()16L2 + 0.4L L = 250 O c. 0.0096L + 0.8 L = 83.33 C d. 0.0032L + 0.4 L = 125

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