Question
In a simple linear regression model, the elasticity of a variable y with respect to an explanatory variable x is defined as the estimated slope
In a simple linear regression model, the elasticity of a variable y with respect to an explanatory variable x is defined as the estimated slope of the linear relationship multiplied by the ratio of the independent variable to the dependent variable.
True or False
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Complex Analysis
Authors: Dennis G Zill, Patrick D Shanahan
3rd Edition
1449694624, 9781449694623
