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Using Excel, Big Poppa's Estimates the Weekly Demand Function for Its

Question 63

Multiple Choice

Using Excel, Big Poppa's estimates the weekly demand function for its BBQ sandwiches to be Qd = 1,423.50 - (28.67 × P) . In reference to the estimated slope coefficient for price Using Excel, Big Poppa's estimates the weekly demand function for its BBQ sandwiches to be Q<sup>d</sup> = 1,423.50 - (28.67 × P) . In reference to the estimated slope coefficient for price , which of the following standard errors will provide the smallest 95 percent confidence interval for the slope coefficient? A) 1.95 B) 1.05 C) 1.29 D) 1.98, which of the following standard errors will provide the smallest 95 percent confidence interval for the slope coefficient?


A) 1.95
B) 1.05
C) 1.29
D) 1.98

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