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Someone told me B and someone else said D. Please help ASAP It is believed that gasoline price is determined by the oil price and

Someone told me B and someone else said D. Please help ASAP

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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. log(Gasprice) = Bo + B1 log(GDP) + B2 log(Oilprice) + e Regression Statistics Multiple R R2 Adjusted-R2 Standard Error 0.107527 Observations 12 ANOVA df SS MS F Significance F Regression 7.4E-07 Residual 0.104058 Total 2.396792 Coefficients Standard Error t-Stat P-value Intercept -1.07155 3.082363 -0.34764 0.736102 LogGDP 0.69219 0.252018 0.022603 log Oilprice 1.368064 0.098742 13.85496 2.24E-07 What are the values of coefficient of determination and adjusted-R2, respectively? Use "Formula Sheet Fall 2020" if necessary. Select one: O a. 0.9566 and 0.9469 O b. 0.0434 and 0.0531 O c. 0.9912 and 0.9469 O d. 0.7693 and 0.7421 O e. We don't have enough information to compute those quantities. 21).png download (20).png

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