Question: Consider the regression model Y = beta_1 beta_2 X_2 beta_3 X_3 e. Suppose you scale the dependent variable y by y cdot c for some
Consider the regression model Y = \beta_1 \beta_2 X_2 \beta_3 X_3 e. Suppose you scale the dependent variable y by y \cdot c for some c eq 0 and estimate a new model using the transformed data. Which of the following statements is incorrect: Group of answer choices Estimate for \beta_1 will change. The p-value for the joint test H_0: \beta_2 = 0, \beta_3=0 will change. The confidence interval for parameter \beta_{2} will change. The estimate for variance of the error term will change
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