Suppose the following are the results of a linear regression with the unemployment rate in decimal form as the dependent variable and population density and local tax rate as the independent variables. The local tax rate is a percentage in decimal form. The coefficient on population density is 0.00002 with a p-value of 0.0001. The coefficient on the number of local tax rate is 0.258 with a p-value of 0.8576. The F-Statistic for the regression is 10.898 with a p-value of 0.001. At a 5% Level of Significance, what can be said about the coefficient on the local tax rate?

Group of answer choices

a)The coefficient on the local tax rate is statistically significant because it's p-value of 0.8576 is greater than the Level of Significance of 5%

b)The coefficient on the local tax rate must be statistically significant because the F-Statistic has a p-value less than 5%

c)Based on the p-value of the coefficient on the local tax rate, the coefficient on the local tax rate isn't statistically significant

d)There isn't enough information to determine the statistical significance of the coefficient on the local tax rate