An economist estimates the following model: y = β0 + β1x + ε. She would like to construct interval estimates for y when x equals 2. She estimates a modified model where y is the response variable and the explanatory variable is now defined as x+ = x - 2. A portion of the regression results is shown in the accompanying table.
According to the modified model, which of the following is the predicted value of y when x equals 2?
A) 2.52
B) 24.78
C) 27.30
D) 29.82
Correct Answer:
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