Question: 3 Consider the following R code: data = read. csv(hypothetical_data. cav) WX = 10 wy = 1 data$Y_star = data$Y * wy data$X_star = data$X

3 Consider the following R code: data = read. csv("hypothetical_data. cav") WX = 10 wy = 1 data$Y_star = data$Y * wy data$X_star = data$X * Wx ### Now compare the OLS estimates OLS_original = 1m(Y ~ X, data = data) OLS_unitchange = 1m(Y_star ~ X_star, data = data) The data read from hypothetical_data.csv is the following: X 70 80 2 65 100 3 90 120 95 140 5 110 160 6 115 180 120 200 8 140 220 19 155 240 10 150 260 1. The command OLS_original$coefficients [1] will return the intercept estimate for the PRF Yi = B1 + B2Xi + ui. True or False? [ ] (a) True (b) False 2. OLS_original$coefficients [2] will be 10 times as large as OLS_unitchange$ coefficients [2]. True or False? [ ] 6 (a) True (b) False
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