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Consider the Following: Based on the Above Information, Which β\beta

Question 51

Multiple Choice

Consider the following:  Consider the following:   Based on the above information, which of these statements is not true? ^ A) The estimated model is Y = -40 + 10X<sub>1</sub> - 5X<sub>2</sub> + 40X<sub>3</sub>. B) The t-value for  \beta <sub>2</sub> is -1/3. C) It can be concluded that X<sub>3</sub>, X<sub>1</sub>, and X<sub>2</sub> have the greatest impact on Y, in that order. D) A unit increase in X<sub>2</sub> will result in a decrease of 5 units in the value of Y, when the values of X<sub>1</sub> and X<sub>3</sub> are held constant. E) All of these are true. Based on the above information, which of these statements is not true? ^


A) The estimated model is Y = -40 + 10X1 - 5X2 + 40X3.
B) The t-value for β\beta 2 is -1/3.
C) It can be concluded that X3, X1, and X2 have the greatest impact on Y, in that order.
D) A unit increase in X2 will result in a decrease of 5 units in the value of Y, when the values of X1 and X3 are held constant.
E) All of these are true.

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