TABLE 14-3
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 Table 14-3, to test for the significance of the coefficient on aggregate price index, the p-value is
A) 0.0001.
B) 0.8330.
C) 0.8837.
D) 0.9999.

Question

TABLE 14-3
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 Table 14-3, to test for the significance of the coefficient on aggregate price index, the p-value is
A) 0.0001. 
B) 0.8330. 
C) 0.8837. 
D) 0.9999.

Quizplus · Accepted Answer

The Answer of TABLE 14-3
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 Table 14-3, to test for the significance of the coefficient on aggregate price index, the p-value is
A) 0.0001. 
B) 0.8330. 
C) 0.8837. 
D) 0.9999.

TABLE 14-3 an Economist Is Interested to See How Consumption for an for an Economy