It is believed that gasoline price is determined by the oil price and the overall economic activity in Demoland. A Demoish researcher gathers data on gasoline prices, Gross Domestic Product (GDP) and oil prices over a 12 year period and runs the following regression, which is estimated in terms of logarithms. The partial output is provided. A final observation is that minimum and maximum values for log(GDP) are 12.03 and 12.35, respectively. The researcher claims that the overall economic activity in the country positively affects the gasoline prices.