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    Real Econometrics The Right Tools to Answer Important Questions
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    Exam 7: Specifying Models
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    In a Linear Log Model with Only One Independent Variable\(\beta\)
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In a Linear Log Model with Only One Independent Variable β\betaβ

Question 19

Question 19

True/False

In a linear log model with only one independent variable, we interpret as a 1% increase in X1 is expected to lead to a β\betaβ 1 change in Y.

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