You have estimated a regression model and your printout includes the following

You have estimated a regression model and your

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5. You have estimated a regression model and your printout includes the following informationsxy= 3614.00sx= 12.72sy= 394.61SST = 758912.00.What is R2for this regression model?a.) .52b.) .11c.) .03d.) .53
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Ans: aSection: 4.26. You have estimated a regression model and your printout includes the following informationsxy= 3614.00sx= 12.72sy= 394.61SST = 758912.00.Use this information to calculate SSE.7. Which of the following will change if you scale the dependent variable in a simple regressionmodel?8. When should a researcher consider transforming the explanatory variable in a simple linearregression model?9. When should a researcher consider transforming the explanatory variable in the simple linearregression model?a.) to estimate a coefficient on the dependent variable that matches economic theoryb.) to allow non4constant marginal effectsc.) to reduce variance in the dependent variabled.) to reduce(Note: the “hat” should be over the whole expression, but I can’t accomplish that inmy software right now)Ans: bSection: 4.3
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