Regression Statistics R Square Adjusted R Square Standard Error Observations Intercept Price 0.96 0.95 3.3 35 Coefficient S 170.03 -22.48 Standard Error 3.19 0.74 t Stat P-value Lower 95% Upper 95% 163.53 176.5 -24.01 -20.96 32) Using Excel, the manager of Quick Breaks Coffees has estimated the daily demand function for its regular coffees; the results are shown in the table above. The t-statistic for the slope coefficient on price is which, at the 5% percent significance level, will suggest that the price is A) -30.11: significant. C)-30.11; insignificant. B) 53.16 insignificant. D) 53.16; significant.
Regression Statistics R Square Adjusted R Square Standard Error Observations Intercept Price 0.96 0.95 3.3 35 Coefficient S 170.03 -22.48 Standard Error 3.19 0.74 t Stat P-value Lower 95% Upper 95% 163.53 176.5 -24.01 -20.96 32) Using Excel, the manager of Quick Breaks Coffees has estimated the daily demand function for its regular coffees; the results are shown in the table above. The t-statistic for the slope coefficient on price is which, at the 5% percent significance level, will suggest that the price is A) -30.11: significant. C)-30.11; insignificant. B) 53.16 insignificant. D) 53.16; significant.
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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