Essay
Pop-up coffee vendors have been popular in the city of Adelaide in 2013. A vendor is interested in knowing how temperature (in degrees Celsius) and number of different pastries and biscuits offered to customers impacts daily hot coffee sales revenue (in $00's).
A random sample of 6 days was taken, with the daily hot coffee sales revenue and the corresponding temperature and number of different pastries and biscuits offered on that day, noted.
Excel output for a multiple linear regression is given below: Test the significance of the coefficient on Pasties/biscuits against a two tailed alternative. Use the 5% level of significance.
Correct Answer:

Verified
Ho: β2 = 0
HA: β2 ≠ 0
p-value = 0...View Answer
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Correct Answer:
Verified
HA: β2 ≠ 0
p-value = 0...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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