Rsquared . 786% Rupand lad sted).774% 1.886 ariable Coeff SE[Coen) trate Decembe

Question

Rsquared . 786% Rupand lad sted).774% 1.886 ariable Coeff SE[Coen) trate December 10.89 b) What is the interpretation of the coeicient of the constructed varliable Decembern O A The revenue is about $10.7 million higher in December, after accounting for the CP O B. The revenue increases about $10.7 million each December O C. The revenue in December is about 10.7 tmes the amount predicted by the CP O D. The revenues in the four Decembers are outiers and should be omited from the model Clck to select your answer and then click Check Answer

Explanation / Answer

Revenue= -32.1521+ 0.083068*CPI +10.6892*December

To interpret december, for every december the revenue increases by 10.6892 units.

Answer: The revenue increases about 10.7 million each december.

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