Using the data in Question 2.4, determine the standard error and t- statistic for the price coefficient.

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Using the data in Question 2.4, determine the standard error and t- statistic for the price coefficient. Is price statistically significantly different from zero at the 0.05 level of significance?

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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Question Posted: Nov 13, 2014 03:31 AM

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Using the data in Question 2.4, determine the standard error and t- statistic for the price coefficient.

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According to Excel the price coefficients standard error is 00549 and th...View the full answer

Managerial Economics and Strategy

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