With an intercept of .0675 and coefficients of .0175, .5025, -.0008, and .0400 for underwriter rank, pre-offer price adjustment, offer size, and fraction retained, respectively, what is the 95% confidence level for the pre-offer price coefficient for an IPO assuming pre-offer price adjustment standard error of .0314? Assume a 2-tailed test and 100,000 degrees of freedom.

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ANSWER To calculate the 95 confidence interval for the preoffer price coefficient we need to use the ... View the full answer