To Decide Whether or Not the Slope Coefficient Is Large

question 29

Multiple Choice

To decide whether or not the slope coefficient is large or small,

• A)you should analyze the economic importance of a given increase in X.
• B)the slope coefficient must be larger than one.
• C)the slope coefficient must be statistically significant.
• D)you should change the scale of the X variable if the coefficient appears to be too small.

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