Suppose you want to test whether consumption and income are linearly related using the estimates from your regression model. The standard error of the slope is 0.148  Set α=0.01 What is your conclusion? a. Reject the null hypothesis because 4.22>3.707. b. Reject the null hypothesis because 4.22>4.032. c. Fail to reject the null hypothesis because 5.07>3.707. d. Reject the null hypothesis because -2.53>-4.032.

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