{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

econ2p91_ReviewQuestionsMultipleChoice_Chapter8

# econ2p91_ReviewQuestionsMultipleChoice_Chapter8 - Review...

This preview shows pages 1–2. Sign up to view the full content.

Review Questions: Chapter 8 Nonlinear Regression Functions Multiple Choice 1) The interpretation of the slope coefficient in the model 0 1 ln( ) ln( ) i i i Y X u β = + + is as follows: .a a 1% change in X is associated with a 1 % change in Y . .b a change in X by one unit is associated with a 1 change in Y . .c a change in X by one unit is associated with a 100 1 % change in Y . .d a 1% change in X is associated with a change in Y of 0.01 1 . 2) The following interactions between binary and continuous variables are possible, with the exception of .e 0 1 2 3 ( ) i i i i i i Y X D X D u = + + + × + . .f 0 1 2 ( ) i i i i i Y X X D u = + + × + . .g 0 1 ( ) i i i i Y D X u = + + + . .h 0 1 2 i i i i Y X D u = + + + . 3) An example of the interaction term between two independent, continuous variables is .i 0 1 2 3 ( ) i i i i i i Y X D X D u = + + + × + . .j 0 1 1 2 2 i i i i Y X X u = + + + . .k 0 1 1 2 2 3 1 2 ( ) i i i i i i Y D D D D u = + + + × + . .l 0 1 1 2 2 3 1 2 ( ) i i i i i i Y X X X X u = + + + × + . 4)

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### Page1 / 4

econ2p91_ReviewQuestionsMultipleChoice_Chapter8 - Review...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online