Incorrect. Review answers above. For a variable to be significant at the 99% confidence level, its p-value must be less than 1-0.99=0.01. Likewise, a variable is significant at the 95% confidence level if its p-value is less than 0.05. If the p-value of a variable is greater than 0.05, the variable is not significant at the 95% (or 99%) level. The following variables are significant at the 99% confidence level: 2012, Group, NewYears, PayDay, SpecialEvent, SuperBowl, Wednesday The following variables are significant at the 95% confidence level but not at the 99% level: July4th, Tuesday, Rate The following variables not significant at either level: Christmas, Halloween, MemorialDay, VIP, Wholesale Q-1 Interpret the coefficient PayDay, 96.68. If you were part of the analytics team at Caesars, how would you explain this coefficient to the operations team (hotel managers who oversee the front desk work)