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The Coefficients for Logarithmically Transformed Explanatory Variables Should Be Interpreted

question 65

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The coefficients for logarithmically transformed explanatory variables should be interpreted as the percent change in the dependent variable for a 1% percent change in the explanatory variable.

Calculate the sample size required for estimating population parameters within a desired margin of error.
Formulate confidence intervals for population means with known or unknown population standard deviations.
Construct confidence intervals for population proportions.
Interpret the results of confidence interval estimates in context.

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