Question: Use the MINITAB output in Figure (c) to do (1) through (6) for each of 0 , 1 , 2 , and

Use the MINITAB output in Figure (c) to do (1) through (6) for each of β₀, β₁, β₂, and β₃.

Coefficients 7.5891 -2.3577 1.6122 0.5012 Standard Error Intercept Price (t) IndPrice (x2)

Coefficients 7.5891 -2.3577 1.6122 0.5012 Standard Error Intercept Price (t) IndPrice (x2) AdvExp (3) t Stat 2.4450 3.1039 0.6379 3.6958 0.2954 5.4586 0.1259 3.9814 P-value 0,0046 0.0010 0.0000 0.0005 Lower 95% 2.5633 3.6690 1.0051 0.2424 Upper 95% 12.6149 1.0464 2.2193 0.7599

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