Using Excel, the manager of Quick Breaks Coffees has estimated the daily demand function for its regular coffees; the results are shown in the table above. Which of the following statements is correct?
A) The manager can be 95 percent confident that the true slope coefficient for price is positive.
B) The manager can be 95 percent confident that the true slope coefficient for price lies between -24.01 and -20.96.
C) The manager can be 95 percent confident that the true slope coefficient for price is greater than -24.01.
D) The manager can be 95 percent confident that the true slope coefficient for price is equal to zero.
B) The manager can be 95 percent confident that the true slope coefficient for price lies between -24.01 and -20.96.
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