Question: Refer to Example 2.5 about antique clocks and their prices. Based on Table 2-14, we obtained the regression results shown in Eqs.(2.27) and (2.28). For

Refer to Example 2.5 about antique clocks and their prices. Based on Table 2-14, we obtained the regression results shown in Eqs.(2.27) and (2.28). For each regression obtain the standard errors, the t ratios, and the r2 values. Test for the statistical significance of the estimated coefficients in the two regressions.

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