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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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    When Variables Are Not on the Same Scale, It Makes
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When Variables Are Not on the Same Scale, It Makes

Question 2

Question 2

True/False

When variables are not on the same scale, it makes it harder to compare them with each other. To deal with this problem, we standardize the variables by logging the variables.

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