Multiple Choice
Using Excel, Big Poppa's estimates the weekly demand function for its BBQ sandwiches to be Qd = 1,385.63 - (22.30 × P) . In reference to the estimated slope coefficient for price , which of the following standard errors will provide the widest 95 percent confidence interval for the slope coefficient?
A) 4.75
B) 1.15
C) 1.87
D) 3.25
Correct Answer:
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