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You Have Estimated a Model of Two Variables Related Such

Question 4

Multiple Choice

You have estimated a model of two variables related such that ln(y) = 17.3 - .04 x
If x decreases by 2 units,what is the expected change in y?

A) y decreases by .08 units.
B) y increases by 8 percent.
C) y increases by 4 units
D) y decreases by 8 percent.

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