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Given a regression model as: wealth= 100 + 20 age + 30 salary, if one finds that

ID: 3178299 • Letter: G

Question

Given a regression model as: wealth= 100 + 20 age + 30 salary, if one finds that the slope coefficient for age is ______, it means that age ______ wealth.
A. Insignificant, determines (=explains) B. Significant, determines C. Insignificant, does not determine D. Significant, does not determine E. Both B and C Given a regression model as: wealth= 100 + 20 age + 30 salary, if one finds that the slope coefficient for age is ______, it means that age ______ wealth.
A. Insignificant, determines (=explains) B. Significant, determines C. Insignificant, does not determine D. Significant, does not determine E. Both B and C
A. Insignificant, determines (=explains) B. Significant, determines C. Insignificant, does not determine D. Significant, does not determine E. Both B and C

Explanation / Answer

Option-E) Both B and C

                                                                                                                                                                                                                                                                                                                                                                                           

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