Which of the following is not correct regarding the estimated slope of the regression line?
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1 mark, −0.25EconometricsLinear regression and OLSInterpreting slopes, intercepts and rescalingEasyabout 1 min
JNU SSS 2013 Question 8: Linear regression and OLS
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Which of the following is not correct regarding the estimated slope of the regression line? (A) It is divided by its standard error to obtain its t -statistic (B) It shows the change in Y for a unit change in X (C) It is chosen so as to minimize the sum of squared errors (D) It may effectively be regarded as zero if its P -value is below 0·01
Linear regression and OLS has come up 74 times in 7 exams since 2008.
What this question tests
This question is on Interpreting slopes, intercepts and rescaling, part of Linear regression and OLS in Econometrics.
Reading a fitted coefficient, and what changes when variables are rescaled.
TestStop has 12 past-paper questions on this subtopic.
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