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I am doing a linear regression analyzing the effect of price(D) on consumption(Y). I've been told that measurement error on the outcome Y is fine,
I am doing a linear regression analyzing the effect of price(D) on consumption(Y). I've been told that measurement error on the outcome Y is fine, and only measurement error on D is bad. But when I time all the numbers of consumption 10 times, the coefficient of the regression is also timed 10 times. Should the coefficient unchanged? What is the problem with my logics?
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