SCENARIO 14-3 -Referring to Scenario 14-3, to Test for the Significance of the Significance

question 6

Multiple Choice

SCENARIO 14-3
-Referring to Scenario 14-3, to test for the significance of the coefficient on aggregate price index,
The value of the relevant t-statistic is

• A) 2.365
• B) 0.143
• C) - 0.219
• D) - 1.960

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Definitions:

Freedmen Request

Petitions or demands made by formerly enslaved individuals following the Civil War, often regarding civil rights and land ownership.

Homestead

A dwelling with its land and buildings, occupied by the owner as their primary residence, often associated with historical laws granting land to families for farming or settlement.

Petition of Committee

A formal request or appeal submitted to an authoritative body, often composed by a group or committee, advocating for a particular cause or action.