Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= 200.) Q= -500 - 100PA + 50PB + .31 + 2A, R- =12, (250) (50) (30) (.1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B; I = $12.000. per capita income, and A = $20,000, monthly advertising expenditures. Which of the variables does not pass the t-test at the 05 level of significance? OA PA PB All the variables pass the t-test.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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Author:Bruce Crauder, Benny Evans, Alan Noell
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Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...
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Answer the following questions on the basis of the following regression equation. (Standard errors in
parentheses, n=
Q= -500 - 100PA - 50PB + 31 + 2A, R-= 12, (250) (50) (30) (1) (08)
where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B: I =
$12.000, per capita Income, and A = $20,000, monthly advertising expenditures
Which of the variables does not pass the t-test at the 05 level of significance?
O A
PA
PB
All the variables pass the t-test.
Transcribed Image Text:Answer the following questions on the basis of the following regression equation. (Standard errors in parentheses, n= Q= -500 - 100PA - 50PB + 31 + 2A, R-= 12, (250) (50) (30) (1) (08) where QD = 10,500, quantity demanded of good A PA = $10, price of good A PB = 58. price of good B: I = $12.000, per capita Income, and A = $20,000, monthly advertising expenditures Which of the variables does not pass the t-test at the 05 level of significance? O A PA PB All the variables pass the t-test.
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