Refrigerator prices are affected by characteristics such as whether or not the refrigerator is on sale, whether or not it is listed as a Sub-Zero brand, the number of doors (one door or two doors), and the placement of the freezer compartment (top, side, or bottom). The table below shows the regression output from a regression model using the natural log of price as the dependent variable. The model was developed by the Bureau of Labor Statistics.
Find thep-value for each coefficient, using 315 degrees of freedom. Using anα = .10, which predictor variable(s) are not significant predictors?(Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 4 decimal places.)
By how much does the natural log of refrigerator price decrease from atwo-door,side freezermodel to atwo-door,top freezer model? (Round your answer to 4 decimal places.)
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