Multiple Choice
In the simple linear regression model, the regression slope
A) indicates by how many percent Y increases, given a one percent increase in X.
B) when multiplied with the explanatory variable will give you the predicted Y.
C) indicates by how many units Y increases, given a one unit increase in X.
D) represents the elasticity of Y on X.
Correct Answer:

Verified
Correct Answer:
Verified
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