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TABLE 13-2 A Candy Bar Manufacturer Is Interested in Trying to Estimate

Question 33

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TABLE 13-2
A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product.To do this,the company randomly chooses 6 small cities and offers the candy bar at different prices.Using candy bar sales as the dependent variable,the company will conduct a simple linear regression on the data below: TABLE 13-2 A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of their product.To do this,the company randomly chooses 6 small cities and offers the candy bar at different prices.Using candy bar sales as the dependent variable,the company will conduct a simple linear regression on the data below: -Referring to Table 13-2,to test that the regression coefficient,β<sub>1</sub>,is not equal to 0,what would be the critical values? Use α = 0.05. A) ±2.5706 B) ±2.7764 C) ±3.1634 D) ±3.4954
-Referring to Table 13-2,to test that the regression coefficient,β1,is not equal to 0,what would be the critical values? Use α = 0.05.


A) ±2.5706
B) ±2.7764
C) ±3.1634
D) ±3.4954

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