For the regression model Y = B, + BX2+ B3X3 + e, the following estimation results are obtained Regression Results coefficient estimate stanadard error 0.7 05 5.8 0.7 Bs 51 0.8 If X increases by 1 unit, how much units of Y is expected to increase ordecrease (X being fxed)? Ca 04057 b. 58000

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For the regression model Y = B, + B X2+ B3X3 +e, the following estimation results are obtained
Regression Results
coefficient
estimate
stanadard error
0.7
0.5
58
0.7
Bs
51
0.8
If Xa increases by 1 unit, how much units of Y is expected to increase ordecrease (X, being foxed)?
a 0.4057
Cb 58000
Oc0 4679
d. 5 1000
Transcribed Image Text:For the regression model Y = B, + B X2+ B3X3 +e, the following estimation results are obtained Regression Results coefficient estimate stanadard error 0.7 0.5 58 0.7 Bs 51 0.8 If Xa increases by 1 unit, how much units of Y is expected to increase ordecrease (X, being foxed)? a 0.4057 Cb 58000 Oc0 4679 d. 5 1000
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