Consider the Sample Regression Equation = 10 - 5x,with

question 112

Multiple Choice

Consider the sample regression equation = 10 - 5x,with an R² value of 0.65.Which of the following is the value of the sample correlation between y and ?

• A) −0.81
• B) −0.65
• C) 0.81
• D) 0.65

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Definitions:

Closed Economies

Economies that do not engage in international trade, relying solely on domestic production for all of their goods and services.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic citizens and the purchase of domestic assets by foreigners.

Net Exports

The surplus or deficit resulting from a country's international trade, calculated as exports minus imports.

Foreign Direct Investment

Foreign Direct Investment (FDI) involves an investment made by a firm or individual in one country into business interests located in another country.