The Interpretation of the Slope Coefficient in the Model Y_i

question 24

Multiple Choice

The interpretation of the slope coefficient in the model Y_i = β₀ + β₁ ln(X_i) + u_i is as follows:

• A)a 1% change in X is associated with a β₁ % change in Y.
• B)a 1% change in X is associated with a change in Y of 0.01 β₁.
• C)a change in X by one unit is associated with a β₁ 100% change in Y.
• D)a change in X by one unit is associated with a β₁ change in Y.

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Definitions:

Healthy Life

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity, often achieved through balanced diet, exercise, and healthy lifestyle choices.

Diabetes-Related Deaths

Fatalities that can be directly attributed to complications arising from diabetes, including heart disease and stroke.

Hispanic Americans

Americans who are descendants of people from Spanish-speaking countries, including Spain, Mexico, Central America, and South America.

Alaskan Natives

Indigenous peoples of Alaska, including a wide variety of groups such as the Inuit (Iñupiat, Yup'ik), Aleut, and many different Native American groups.