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 for the significance of the coefficient on aggregate price, the value of the relevant t-statistic is
A)2.365
B)0.143
C)- 0.219
D)- 1.960

Question

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 for the significance of the coefficient on aggregate price, the value of the relevant t-statistic is
A)2.365 
B)0.143 
C)- 0.219 
D)- 1.960

Quizplus · Accepted Answer

The Answer of 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 for the significance of the coefficient on aggregate price, the value of the relevant t-statistic is
A)2.365 
B)0.143 
C)- 0.219 
D)- 1.960

SCENARIO 13-3 an Economist Is Interested to See How Consumption for an for an Economy