Interpreting the Intercept in a Sample Regression Function Is

question 27

Multiple Choice

Interpreting the intercept in a sample regression function is

• A)not reasonable because you never observe values of the explanatory variables around the origin.
• B)reasonable because under certain conditions the estimator is BLUE.
• C)reasonable if your sample contains values of X_i around the origin.
• D)not reasonable because economists are interested in the effect of a change in X on the change in Y.

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Definitions:

Thrombus

A blood clot that forms within a blood vessel or the heart and may cause vascular obstruction.

Thrombocytes

Another term for platelets, the blood cells that play a critical role in blood clotting.

Platelets

A type of blood cell that helps prevent bleeding by forming clots.

Lymph

A clear fluid that circulates through the body via lymphatic vessels, carrying white blood cells and removing bacteria and other waste products.