Question: 7) In the simple linear regression model, the regression slope: A) indicates by how many percent Y increases, given a one percent increase in X.

7) In the simple linear regression model, the regression slope: A) indicates by how many percent Y increases, given a one percent increase in X. B) when multiplied with the explanatory variable will give you the predicted Y. C) indicates by how many units Y increases, given a one unit increase in X. D) represents the elasticity of Y on X

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