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After Estimating the Regression Using 10 Observations, You Obtained the Following

Question 47

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After estimating the regression using 10 observations, you obtained the following results:
Q=700.5P(25)(0.22)0.9I(0.32)Q = \begin{array} { l l c } 70 & - & 0.5 P \\( 25 ) & & ( 0.22 )\end{array} \quad \begin{array} { c } 0.9 I \\( 0.32 )\end{array} Compute the t-statistics for your estimates for price (P) and income (i). Can we reject the null hypothesis at the 5% significance level?

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