Question

A computer software developer would like to use the number of downloads (in thousands) for the...

A computer software developer would like to use the number of downloads (in thousands) for the trial of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the shareware. Suppose a linear regression produces a slope coefficient of 3.72. We test at an alpha level of .05 whether revenue depends linearly upon the number of downloads. Suppose we decide to reject the null. What should we conclude?

There is sufficient evidence that revenue does not depend linearly upon the number of downloads.

There is sufficient evidence that revenue does depend linearly upon the number of downloads.

There is insufficient evidence that revenue does not depend linearly upon the number of downloads.

There is insufficient evidence that revenue does depend linearly upon the number of downloads

Homework Answers

Answer #1

Answer :

There is sufficient evidence that revenue does depend linearly upon the number of downloads.

While testing whether revenue depends linearly upon the number of downloads

H0: revenue does not depend linearly upon the number of downloads : (slope coefficient = 0)

H1 :  revenue does depend linearly upon the number of downloads : (slope coefficient 0)

Reject Ho implies ; Thers is sufficient evidence that revenue does depend linearly upon the number of downloads.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 4 3 5 6 1 5 9 10 10 3 y (Salary in $1000) 38 34 31 32 32 38 43 37 40 33 In this setting we have ?x = 56,...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 =...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 = 4.5     b2 = -6.0 a.    Write the equation of the estimated multiple regression model. (3 pts) b     Suppose a sample of 25 observations produces this result, SSE = 480. What is the estimated standard error of the estimate? (5 pts) 2.    Consider the following estimated sample regression equation: Y = 12 + 6X1 -- 3 X2 Determine which of the following statements are true,...
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 4 7 5 6 1 5 9 10 10 3 y (Salary in $1000) 34 33 32 32 32 38 43 37 40 33 In this setting we have Σx = 60,...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT