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IF y= 2+0.28X1 + 43.8X2:

Answer the following:

-What is the intercept of the line?
-Is the equation a straight or curvilinear line, and why?
-Is the equation for a simple linear equation or a multiple linear equation?
-What are the two regression coefficients?
- If the statistical t-value for the second regression coefficient is 9.80, is the coefficient statistically valid at the 95% confidence level? Why or why not?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91585621

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