Consider the following estimated regression equation (standard errors in parentheses): Rewrite the estimated equation, including coefficients, standard
Question:
Consider the following estimated regression equation (standard errors in parentheses):
Rewrite the estimated equation, including coefficients, standard errors, and \(R^{2}\), that would result if
a. All values of \(x\) were divided by 10 before estimation.
b. All values of \(y\) were divided by 10 before estimation.
c. All values of \(y\) and \(x\) were divided by 10 before estimation.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
Question Posted: