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,whereAttendance 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,whereAttendance 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