A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β₀ + β₁ Price + β₂ Temperature + β₃ Rides + ε, where Attendance is the daily attendance (in 1,000s), Price is the gate price (in $), Temperature is the average daily temperature (in ^oF), and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. When testing whether Price is significant in explaining Attendance, the value of the test statistic is ________. A) −4.085. B) −1.201. C) 1.201. D) 4.085.

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The Answer of A researcher analyzes the factors that may influence amusement park attendance. She estimates the following model: Attendance = β₀ + β₁ Price + β₂ Temperature + β₃ Rides + ε, where Attendance is the daily attendance (in 1,000s), Price is the gate price (in $), Temperature is the average daily temperature (in ^oF), and Rides is the number of rides at the amusement park. A portion of the regression results is shown in the accompanying table. When testing whether Price is significant in explaining Attendance, the value of the test statistic is ________. A) −4.085. B) −1.201. C) 1.201. D) 4.085.

A Researcher Analyzes the Factors That May Influence Amusement Park