Question: Return to the R&D example discussed in Section 11.7 (Exercise 11.10). Repeat the example using profits as the regressor. A priori, would you expect your

Return to the R&D example discussed in Section 11.7 (Exercise 11.10). Repeat the example using profits as the regressor. A priori, would you expect your results to be different from those using sales as the regressor? Why or why not?

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