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Suppose we have fitted a linear regression model where household food expenditure (Y) is is explained by income (X), and obtained Initially, both Y and
Suppose we have fitted a linear regression model where household food expenditure (Y) is is explained by income (X), and obtained Initially, both Y and X are measured in dollars. Now, we change the measurement of food expenditure (Y) to hundreds of dollars. What will happen to the fitted slope? What will happen to the R2 of this regression
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