SCENARIO 13-3 an Economist Is Interested to See How Consumption for an for an Economy

question 109

Multiple Choice

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 negative impact on consumption, the p-value is ?

• A)0.0001
• B)0.4165
• C)0.8330
• D)0.8837

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Definitions:

Schedule-driven

A project or activity that is primarily guided and constrained by timeframes and deadlines.

Results-oriented

A focus on achieving specific outcomes or goals, prioritizing end results over the process used to achieve them.

Gantt Chart

A visual project management tool that depicts a project schedule, showing the start and finish dates of the various required elements or tasks.

Planned Progress

The deliberate planning and execution of steps and actions toward achieving predetermined goals and improvements.