Home » I am using the regression results below to answer the following two question R Square:9975 Adjusted R Square:

# 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

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

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