= Homework: HW #3 O Points: 0 of 1 The t-statistic equals O A. the estimated coefficient divided by its standard error. O B. the 95 percent confidence interval. O C. the difference between the critical value and the P-value. O D. the same value as the P-value.E Homework: Hill: #3 Queson 7, cc 3.2.3.1 \"W 5\"\": 4W\"! l 0'24 Poms @ 0 Points: 0 of 1 The R2 statistic ranges from and the it is, the more closely the predicted values fit the actual data. 0 A. l] to a); higher 0 B. Ute 1; lower 0 C. 1 to 1; higher 0 D. CI to 1; higher = Homework: HW #3 \""5\"\": 4-\"\"'\"=1f24F'i"t3 @ 0 Points: 0 of 1 If a 4 percent decrease in income results in an 3 percent increase in The demand for boxed macaroni and cheese. the income elasticity of demand for macaroni and cheese is O A. 0.50. O B. 2.DCI. O C. 2.00. O D. U.5EJ. = Homework: HW #3 Question 12, EOC 3.4.11 HW Score: 4.17%, 1 of 24 points Part 1 of 3 O Points: 0 of 1 Save The price elasticity of demand uses the absolute value because it isE Homework: Hw #3 Question 16,cc 3.4.3.4 > \"W WWW-17%\" f24F'i"tS Egg 0 Points: 0 0T 1 If a 4 percent increase in the price of golf clubs leads to a 3 percent increase in The demand for tennis rackets, then the cross elasticity of demand is and golf clubs and tennis rackets are D A. 1.33; substitutes O B. 0.75; complements O C. 0.75; substitutes O D. 1.33; complements Homework: HW #3