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14. A producer of outdoor clothing used a focus group to obtain information about the demand for fleece jackets with built-in battery operated warming panels.

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14. A producer of outdoor clothing used a focus group to obtain information about the demand for fleece jackets with built-in battery operated warming panels. At prices of $100, $90, $80, $70, $60, and $50, the focus group demanded 23, 31, 40, 44, 48, and 60 jackets, respectively. Is price statistically significantly different from zero at the 0.05 level of significance? (Hint: Use the Excel Regression tool.) The price coefficient's standard error is SE = (Enter your response rounded to three decimal places.) and t-statistic is t= (Enter your response rounded to three decimal places and include a minus sign.) The price coefficient (1) statistically significantly different from zero at the 0.05 level of significance. (1) O is O is not

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