Homework SourseQ 6500 100PA 50PB 3I 2A R2 12 2500 50 30 1 08 Where Q
Q = -6,500 – 100PA + 50PB + .3I + .2A; R2 = .12, (2,500) (50) (30) (.1) (.08) Where Q is the quantity demanded of good A; PA = $10, price of good A; PB = $8, price of good B; I = $12,000, per capita income; and A = $20,000, monthly advertising expenditures. Which of the variables does not pass the t-test at the .05 level of significance?
Solution
