11/2021 > MIDTERM QUIZ QUESTION 14 Answer saved Marked out of 7.00 P Flag question Consider the linear regression model Y, = Bo + BIX, + U, for eachi = 1, ..., nwith n = 1, 000. X; represents the annual income of individual i (measured in $10,000) and Y, represents the home size (measured in square feet). We run an OLS regression and get: BIn = 43.2, SE(B 1,n) = 10.2, Bon = 700, SE(Bon) = 7.4. Suppose that - _1=] X; = 7. Which one of the following is correct about - Zi=| Y,? O a. !_Y, = 700 + 43.2 * 7 O b. !_ Y, = 700 - 43.2 * 7 O c. !E Y, = 700 - 43.2 * 70, 000 O d. ! _ Y, = 700 + 43.2 * 70, 000 Clear my choice Next page Previous page