Question: C o n s id e r th e fo llo w in g e s tim a te d m o d e ls
C o n s id e r th e fo llo w in g e s tim a te d m o d e ls :
a. In te r p r e t th e s lo p e c o e ffic ie n t in e a ch o f th e s e e s tim a te d m o d e ls .
b. For e ach m o d e l, w h a t is th e p re d ic te d c h a n g e in y w h e n x incre a ses b y 5 % , fro m 10 to 10.5?
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