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A simple regression analysis with the price of an apple as a function of the number of days the apple sits on a shelf results
A simple regression analysis with the price of an apple as a function of the number of days the apple sits on a shelf results in the following straight-line equation:
Expected Price = 0.50 - 0.04Days
If the calculated value of the test statistic to assess the significance of the regression model overall equals 3.5344, what is the calculated value of the test statistic to assess the significance of the slope coefficient for Days?
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