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The Production of Automobile Tires in Any Given Year Is

Question 55

Multiple Choice

The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. The production of automobile tires in any given year is related to the number of automobiles produced this year and in prior years. Suppose our econometric model resulted in the following data. How much does tire production increase for every thousand cars produced two years ago? A) 670 B) 67 C) 0.67 D) 6.7 How much does tire production increase for every thousand cars produced two years ago?


A) 670
B) 67
C) 0.67
D) 6.7

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