Question: The demand function for good X is QXd = a + bPX + cM + e , where Px is the price of good X

The demand function for good X is QXd = a + bPX + cM + e, where Px is the price of good X and M is income. Least squares regression reveals that:
a=8.27 b=2.14 c=0.36\sigma a=5.32\sigma b=0.41\sigma c=0.22
The R-squared is 0.35.
a. Compute the t-statistic for each of the estimated coefficients.
Instruction: Enter your responses rounded to the nearest two decimal places. If entering a negative number, be sure to use a negative sign ().
ta
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tb
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