Question: True or false? Set-up: You estimate a regression model of the form avg. y = 0+ 1 x 1+ 2 x 2and find that x

True or false?

Set-up:You estimate a regression model of the form avg. y =0+1x1+2x2and find thatx1andx2are statistically significant.

Conclusion:The predicted change inyassociated with a given change inx1, whenx2is held fixed, depends on the value ofx2.

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