Suppose that you regress the total number of medals that a country won in the 2008...
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Suppose that you regress the total number of medals that a country won in the 2008 Olympics on GDP per capita (measured in Thousands) and that you get the following result: Number of Medals,=6.0792 + 0.1553 GDPperCapita, You would conclude that each additional $1,000 in GDP per Capita is estimated to be associated with a 6.0792 increase in a number of medals a 1.553 increase in a number of medals a 0.1553 increase in a number of medals a 155.3 increase in a number of medals Suppose that you regress the total number of medals that a country won in the 2008 Olympics on GDP per capita (measured in Thousands) and that you get the following result: Number of Medals,=6.0792 + 0.1553 GDPperCapita, You would conclude that each additional $1,000 in GDP per Capita is estimated to be associated with a 6.0792 increase in a number of medals a 1.553 increase in a number of medals a 0.1553 increase in a number of medals a 155.3 increase in a number of medals
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Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
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