Determine the intercept coefficient (point E) and whether that estimate is statistically significant at the 5 percent level.
A. 1,664.46 and statistically significant since the P-value is less than 5 percent.
B. 2.32 and statistically significant since the t-statistic is greater than 2 in absolute value.
C. 1,664.46 and statistically insignificant since the P-value is less than 5 percent.
D. 2.32 and statistically insignificant since the t-statistic is less than 2 in absolute value.