An economist wants to predict the GDP per person measured in 2011 US dollars in Afghanistan based on Austria's GDP per person. She used data from 2000 to 2018. The regression equation was yhat-5123.932 +0.152x Interpret the slope. For each additional dollar growth in GDP per person in Austria's, Afghanistan GDP per capita decrease on average by 0.152. O For each additional dollar growth in GDP per person in Austria, Afghanistan's GDP per capita increased on average by 0.152 O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita increased on average by 0.152. O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita decreased on average by 0.152
An economist wants to predict the GDP per person measured in 2011 US dollars in Afghanistan based on Austria's GDP per person. She used data from 2000 to 2018. The regression equation was yhat-5123.932 +0.152x Interpret the slope. For each additional dollar growth in GDP per person in Austria's, Afghanistan GDP per capita decrease on average by 0.152. O For each additional dollar growth in GDP per person in Austria, Afghanistan's GDP per capita increased on average by 0.152 O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita increased on average by 0.152. O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita decreased on average by 0.152
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Transcribed Image Text:An economist wants to predict the GDP per person measured in 2011 US dollars in Afghanistan
based on Austria's GDP per person. She used data from 2000 to 2018.
The regression equation was yhat= -5123.932 +0.152x
Interpret the slope.
For each additional dollar growth in GDP per person in Austria's, Afghanistan GDP per capita decrease on
average by 0.152.
O For each additional dollar growth in GDP per person in Austria, Afghanistan's GDP per capita increased on
average by 0.152
O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita increased on
average by 0.152.
For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita decreased on
average by 0.152
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Hi there! Thank you for posting the question. To avoid plagiarism issues, we have used the initial letters of the names of the countries instead of the full names.
In this case, the GDP per person in Country Afg is predicted based on the GDP per person based on Country Aus.
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