Question 24 (4 points) TABLE 14-3 An economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index). The Microsoft Excel output of this regression is partially reproduced below. SUMMARY OUTPUT Regression Statistics Multiple R 0.991 R Square 0.982 Adjusted R Square 0.976 Standard Error 0.299 Observations 10 ANOVA df SS MS F Signif F Regsion 2 33.4163 16.7082 186.325 0.0001 Resdual 7 0.6277 0.0897 Total 9 34.0440 Coeff StdError t Stat P-value Intcept - 0.0861 0.5674 -0.152 0.8837 GDP 0.7654 0.0574 13.340 0.001 Price - 0.0006 0.0028 -0.219 0.8330 1. Referring to Table 14-3, the p-value for GDP is 0.01 1.05 .001 .0001