Given this model: Y = B, + B₁ X₁ + B₂X2 + E where Y is the speed of innovation of the firm X1 is the size of the firm

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Given this model: Y = B + B₁X₁ + B₂X₂ + €
where Y is the speed of innovation of the firm
X1 is the size of the firm
X2 is the type of firm (1 for stock company, 2 for mutual company)
The estimates for Bo B1 B₂ are 33.87, -0.1017, and 8.06,
respectively.
What is the interpretation of -0.1017? [Select]
How many independent variables are there in this model?
[Select]
What type of variable is the size of the firm?
[Select]
What type of variable is the type of the firm?
[Select]
What is the interpretation of 8.06? [Select]
Transcribed Image Text:Given this model: Y = B + B₁X₁ + B₂X₂ + € where Y is the speed of innovation of the firm X1 is the size of the firm X2 is the type of firm (1 for stock company, 2 for mutual company) The estimates for Bo B1 B₂ are 33.87, -0.1017, and 8.06, respectively. What is the interpretation of -0.1017? [Select] How many independent variables are there in this model? [Select] What type of variable is the size of the firm? [Select] What type of variable is the type of the firm? [Select] What is the interpretation of 8.06? [Select]
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