15. Interpreting the intercept in a sample regression function is a. reasonable because under certain conditions the estimator is BLUE. b. reasonable if your sample contains values of Xi around the origin. Oc. not reasonable because economists are interested in the effect of a change in X on the change in Y. O d. not reasonable because you never observe values of the explanatory variables around the origin.

15. Interpreting the intercept in a sample regression function is a. reasonable because under certain conditions the estimator is BLUE. b. reasonable if your sample contains values of Xi around the origin. Oc. not reasonable because economists are interested in the effect of a change in X on the change in Y. O d. not reasonable because you never observe values of the explanatory variables around the origin.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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