SCENARIO 14-3
-Referring to Scenario 14-3, to test for the significance of the coefficient on gross domestic
Product, the p-value is
A) 0.0001
B) 0.8330
C) 0.8837
D) 0.9999

Name: SCENARIO 14-3 -Referring to Scenario 14-3, to test for the significance of the coefficient on gross domestic Product, the p-value is A) 0.0001 B) 0.8330 C) 0.8837 D) 0.9999
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Question

SCENARIO 14-3 
-Referring to Scenario 14-3, to test for the significance of the coefficient on gross domestic
Product, the p-value is
A) 0.0001 
B) 0.8330 
C) 0.8837 
D) 0.9999

Quizplus · Accepted Answer

A p-value of 0.0001 indicates a highly significant result, suggesting that the coefficient on gross domestic product is statistically significant.

SCENARIO 14-3 -Referring to Scenario 14-3, to Test for the Significance of the Significance