SCENARIO 13-3
An economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index) .The Microsoft Excel output of this regression is partially reproduced below.
-Referring to SCENARIO 13-3, to test whether aggregate price index has a negative impact on consumption, the p-value is ?
A) 0.0001
B) 0.4165
C) 0.8330
D) 0.8837
Correct Answer:
Verified
Q24: SCENARIO 13-4
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Q25: SCENARIO 13-4
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Q26: SCENARIO 13-4
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Q27: SCENARIO 13-4
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Q28: SCENARIO 13-4
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Q30: SCENARIO 13-4
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Q31: SCENARIO 13-3
An economist is interested to see
Q32: SCENARIO 13-4
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Q33: SCENARIO 13-4
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Q34: SCENARIO 13-4
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