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Problem on regression equation


For the regression equation Q = 100 - 10X1 + 25X2, which of the following statements is true?

  • X2 is the more important variable because it is positive
  • When X1 decreases by one unit, Q decreases by 10 units.
  • When X1 increases by 10 units, Q decreases by 1 unit.
  • When X1 increases by one unit, Q decreases by 10 units.

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Microeconomics: Problem on regression equation
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