Determine the intercept coefficient (point E) and whether that estimate is statistically significant at the 5 percent level.
A) 1,664.46 and statistically significant since the P-value is less than 5 percent.
B) 2.32 and statistically significant since the t-statistic is greater than 2 in absolute value.
C) 1,664.46 and statistically insignificant since the P-value is less than 5 percent.
D) 2.32 and statistically insignificant since the t-statistic is less than 2 in absolute value.

Question

Determine the intercept coefficient (point E) and whether that estimate is statistically significant at the 5 percent level.
A) 1,664.46 and statistically significant since the P-value is less than 5 percent. 
B) 2.32 and statistically significant since the t-statistic is greater than 2 in absolute value. 
C) 1,664.46 and statistically insignificant since the P-value is less than 5 percent. 
D) 2.32 and statistically insignificant since the t-statistic is less than 2 in absolute value.

Quizplus · Accepted Answer

The Answer of  Determine the intercept coefficient (point E) and whether that estimate is statistically significant at the 5 percent level.
A) 1,664.46 and statistically significant since the P-value is less than 5 percent. 
B) 2.32 and statistically significant since the t-statistic is greater than 2 in absolute value. 
C) 1,664.46 and statistically insignificant since the P-value is less than 5 percent. 
D) 2.32 and statistically insignificant since the t-statistic is less than 2 in absolute value.

Determine the Intercept Coefficient (Point E) and Whether That Estimate