21 Jul WHAT IS THE T-STATISTIC FOR THE SLOPE COEFFICIENT?
The demand model relating the quantity of good XYZ sold (QXYZ) to the price of good (PXYZ) is report Show more The demand model relating the quantity of good XYZ sold (QXYZ) to the price of good (PXYZ) is reported below: QXYZ = 4.46 + .304 PXYZ Coefficient Standard Error 4.46 3.04 .304 .3243 Analysis of Variance: Source DF Sum of Squares Regression 141.9 Residual 3718.9 Total 24 Refer to this scenario What is the t-statistic for the slope coefficient? 3.04 0.94 0.30 4.46 Refer to the previous scenario is the slope coefficient statistically different from zero? Yes No Inconclusive None of the above Show less
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