3.4 Using the data in Question 2.4, determine the standard error and t-statistic for the price coefficient.

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3.4 Using the data in Question 2.4, determine the standard error and t-statistic for the price coefficient. Is price statistically significantly different from zero at the 0.05 level of significance? (Hint: Use Excel’s Regression tool.)

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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