Multiple Choice
You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment rate from the previous year ( ) and the growth rate of the respective state real GDP (gy) . The results are as follows = 2.81 - 0.23 gy, R2= 0.36, SER = 0.78 (0.12) (0.04)
Assuming that the estimator has a normal distribution, the 95% confidence interval for the slope is approximately the interval
A) [2.57, 3.05]
B) [-0.31,0.15]
C) [-0.31, -0.15]
D) [-0.33, -0.13]
Correct Answer:

Verified
Correct Answer:
Verified
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