Question
Please refer to this regression for questions 15-18, where all coefficients are statistically significant: Sales_Clorox = 400 - 5Price_Clorox$ + 2Price_Purex$ + 12Price_HCF$- 5HCF_Display_Dummy +
Please refer to this regression for questions 15-18, where all coefficients are statistically significant:
Sales_Clorox = 400 - 5Price_Clorox$ + 2Price_Purex$ +
12Price_HCF$- 5HCF_Display_Dummy +
HCF_ Display_Dummyis 1 when the brand HCF is on display and 0 when it is not.
The regression coefficient for the HCF display dummy is found to be statistically significant. Hence the t-test in the regression for this coefficient
A.has the t-statistic equal to 0
B.has the t-statistic greater than 0
C.has the p-value higher than 0.05
D.has the p-value lower than 0.05
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