Question: You built a simple linear regression model using 100 observations and found that the estimate of the slope coefficient associated with the predictor is 8.23.

You built a simple linear regression model using 100 observations and found that the estimate of the slope coefficient associated with the predictor is 8.23.

Your friend proposes that the response variable be multiplied by 100 and that the regression model be built again. You tell them that there is no need to rerun the model since the new value of the estimate of the slope coefficient can be obtained easily without running a new model.

What is the new value of the estimate of the slope coefficient?

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