SUMMARY OUTPUT Regression StatisticsMultiple R0.971R-SquareAAdjusted R-SquareBStandard Error30.462Observations51 ANOVA dfSSMSFSignificance FRegressionC747851.57373925.79402.989.89E-31Residual48D927.91 Total50792391.11 CoefficientsStandard Errort StatP-ValueLower 95%Upper 95%InterceptE62.1326.791.60E?301539.661789.51Price of Roses?6.68F?1.411.64E?01?16.162.81Disposable Income (M)9.730.34G1.23E?319.0410.42 Determine the standard error of the estimated slope coefficient for the price of roses (point F) and whether that estimated slope coefficient is statistically significant at the 5 percent level. Multiple Choice 9.42 and statistically insignificant since the t-statistic is less than 2 in absolute value 4.74 and statistically significant since the P-value is greater than 5 percent 9.42 and statistically significant since the t-statistic is greater than 2 in absolute value 4.74 and statistically insignificant since the P-value is greater than 5 percent