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(Solved): Which Of The Following Is It? A. 12% B. 2.4% C. 3.6% D. 10% ...

From the regression example discussed in class and based on the information below, if the price of water increased by 12% by


Which of the following is it?
a. 12%
b. 2.4%
c. 3.6%
d. 10%

From the regression example discussed in class and based on the information below, if the price of water increased by 12% by how much will water demand go down by? 0.925 Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.856 0.846 0.059 45 ANOVA df 81.46 Regression Residual Total SSMS 0.85 0.28 0.14 0.00 0.99 41 44 t Intercept PRICE INCOME WEATHER Coefficients 13.040 -0.200 1.500 0.124 Standard Error 0.758 0.063 0.079 0.065 Stat . 17.194 -7.904 13.162 1.909 P-value 0.000 0.000 0.000 0.063

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