In the simple linear regression model, the regression slope
A) indicates by how many percent Y increases, given a one percent increase in X.
B) when multiplied with the explanatory variable will give you the predicted Y.
C) indicates by how many units Y increases, given a one unit increase in X.
D) represents the elasticity of Y on X.
Correct Answer:
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Q12: The OLS residuals
A)can be calculated using the
Q13: (Requires Appendix material)Which of the following statements
Q14: The following are all least squares assumptions
Q15: The regression R2 is defined as
Q16: Binary variables
A)are generally used to control for
Q18: In the simple linear regression model Yi
Q19: The OLS estimator is derived by
A)connecting the
Q20: The reason why estimators have a sampling
Q21: In the linear regression model, Yi =
Q22: Sir Francis Galton, a cousin of
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