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I am using the regression results below to answer the following two question R Square:9975 Adjusted R Square:
HI I am working on an assignment and I am stuck on this. I really need help.
I am using the regression results below to answer the following two question
R Square: 0.9975
Adjusted R Square: 0.9962
BlankCoefficientsStandard Errort
StatP
-valueIntercept0N/AN/AN/AL
55.94340.7171.3740.212L
2
47.34711.3744.1630.004L
3
-3.1050.742-4.1870.004
Using these results, calculate the Q
, AP
, and MP
for L=8
workers.
Select one:
a. Q=1,768
; AP=245.1
; MP=247.7
.
b. Q=1,984
; AP=195.8
; MP=177.3
.
c. Q=1,888
; AP=236.0
; MP=217.3
.
d. Q=1,440
; AP=180.0
; MP=161.3
At 8 workers, is SMC
rising or falling, and how do you know?
Select one:
a. At 8 workers, SMC
is falling since MP
is falling.
b. At 8 workers, SMC
is rising since MP
is rising.
c. At 8 workers, SMC
is falling since MP
is rising.
d. At 8 workers, SMC
is rising since MP
is fallin