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Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= 200.) Q= -500 - 100PA + 50PB + .31 + 2A, R- =12, (250) (50) (30) (.1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B; I = $12.000. per capita income, and A = $20,000, monthly advertising expenditures. Which of the variables does not pass the t-test at the 05 level of significance? OA PA PB All the variables pass the t-test.

Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= 200.) Q= -500 - 100PA + 50PB + .31 + 2A, R- =12, (250) (50) (30) (.1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B; I = $12.000. per capita income, and A = $20,000, monthly advertising expenditures. Which of the variables does not pass the t-test at the 05 level of significance? OA PA PB All the variables pass the t-test.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= Q= -500 - 100PA - 50PB + 31 + 2A, R-= 12, (250) (50) (30) (1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B: I = $12.000, per capita Income, and A = $20,000, monthly advertising expenditures Which of the variables does not pass the t-test at the 05 level of significance? O A PA PB All the variables pass the t-test.
Transcribed Image Text:Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= Q= -500 - 100PA - 50PB + 31 + 2A, R-= 12, (250) (50) (30) (1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B: I = $12.000, per capita Income, and A = $20,000, monthly advertising expenditures Which of the variables does not pass the t-test at the 05 level of significance? O A PA PB All the variables pass the t-test.
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