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Using the OLS method the following regression equation was estimated: AND interpret the Beta coefficient for the explanatory variable Non-Checkout Stand Sales. Question 3 options:
Using the OLS method the following regression equation was estimated: AND interpret the Beta coefficient for the explanatory variable Non-Checkout Stand Sales. Question 3 options: a) $498.08. For every $1 increase in Non-Checkout Stand Sales, the Checkout Stand Sales increase by $0.11, holding all other variables constant b) $498.08. For every $1 increase in Checkout Stand Sales, the Non-Checkout Stand Sales increase by $0.11, holding all other variables constant c) $523.86. For every $1 increase in Checkout Stand Sales, the Non-Checkout Stand Sales increase by $0.11, , holding all other variables constant d) $523.86. For every $1 increase in Non-Checkout Stand Sales, the Checkout Stand Sales increase by $0.11, holding all other variables constant
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