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 positive impact on consumption, the p-value is
A) 0.0001
B) 0.4165
C) 0.5835
D) 0.8330
Correct Answer:
Verified
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