Question: 53)Using Excel, the manager of Quick Breaks Coffees has estimated the daily demand function for its53)regular coffees; the results are shown in the table above.
53)Using Excel, the manager of Quick Breaks Coffees has estimated the daily demand function for its53)regular coffees; the results are shown in the table above. Which of the following statements iscorrect?A)The manager can be 95 percent confident that the true slope coefficient for price is positive.B)The manager can be 95 percent confident that the true slope coefficient for price lies between-24.01 and -20.96.C)The manager can be 95 percent confident that the true slope coefficient for price is greaterthan -24.01.D)The manager can be 95 percent confident that the true slope coefficient for price is equal tozero
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