A multiple regression includes two regressors: (Y_{i}=beta_{0}+beta_{1} X_{1 i}+beta_{2} X_{2 i}+u_{i}). What is the expected change in

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A multiple regression includes two regressors: \(Y_{i}=\beta_{0}+\beta_{1} X_{1 i}+\beta_{2} X_{2 i}+u_{i}\). What is the expected change in \(Y\) if \(X_{1}\) increases by 3 units and \(X_{2}\) is unchanged? What is the expected change in \(Y\) if \(X_{2}\) decreases by 5 units and \(X_{1}\) is unchanged? What is the expected change in \(Y\) if \(X_{1}\) increases by 3 units and \(X_{2}\) decreases by 5 units?

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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