Question: The regression analysis below relates US annual energy consumption in trillions of BTUs to the independent variables US Gross Domestic Product (GDP) in trillions of
The coefficient for the independent variable "average car gas mileage (mpg)," -70.50, describes:
1. The relationship between energy consumption and average car gas mileage, controlling for GDP.
2. The relationship between energy consumption and average car gas mileage, not controlling for GDP.
3. The relationship between average car gas mileage and GDP, controlling for energy consumption.
4. The relationship between average car gas mileage and GDP, not controlling for energy consumption.
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As both GDP and average gas mileage are independent variables used in regression so one does ... View full answer
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