In the regression Y i = 1 + 2 X i + ui suppose we
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In the regression Yi = β1 + β2Xi + ui suppose we multiply each X value by a constant, say, 2. Will it change the residuals and fitted values of Y? Explain. What if we add a constant value, say, 2, to each X value?
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The residuals and fitted values of Y will not change Let Y i 1 2 X i u i and Y i 1 2 Z ...View the full answer
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