In the first-order model ,a unit increase in x₂,while holding x₁ constant at 1,changes the value of y on average by −5 units.

Question

Quizplus · Accepted Answer

The statement indicates that there is a negative coefficient associated with x₂ in the model, meaning that an increase in this variable would result in a decrease in the value of y, holding x₁ constant. Therefore, the statement is true.

In the First-Order Model ,A Unit Increase in X2,while

In the First-Order Model ,A Unit Increase in X₂,while