(Choose 1 answer)
(See picture)
A. $2.89 billion
B. $9.45 billion
C. $1.39 billion
(46
An economist is interested to see how consumption for an economy (in $ billions) is influenced by gross domestic product ($ billions) and aggregate price (consumer price index). The Microsoft Excel output of this regression is partially reproduced below.
SUMMARY OUTPUT
D. $4.75 billion
Regression Statistics
Multiple R
0.991
R Square
0.982
Adjusted R Square
0.976
Standard Error
0.299
Observations
10
ANOVA
df
SS
MS
F
Regression
2
33.4163
16.7082
Signif
186.325
F
0.0001
Residual
7
0.6277
0.0897
Total
9
34.0440
Coeff
Intercept
-0.0861
StdError
0.5674
t Stat
-0.152
P-value
0.8837
