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In the Model Ln(y) = β\beta 0 β\beta 1x ε\varepsilon , the Predicted Value Is = Exp (B0

Question 29

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In the model ln(y) = β\beta 0 + β\beta 1x + ε\varepsilon , the predicted value is  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. = exp (b0 + b1x +  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. ÷ 2) . What is the impact of the estimated slope coefficient?


A) b1 measures the approximate change in  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1 unit.
B) b1 × 0.01 measures the approximate change in  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1%.
C) b1 measures the approximate change in  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1%.
D) b1 × 100 measures the approximate change in  In the model ln(y)  =  \beta <sub>0</sub> +  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = exp (b<sub>0</sub> + b<sub>1</sub>x +   ÷ 2) . What is the impact of the estimated slope coefficient? A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1 unit.

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