In the simple linear regression model, the regression slope
A. indicates by how many percent Y increases, given a one percent increase in X.
B. when multiplied with the explanatory variable will give you the predicted Y.
C. indicates by how many units Y increases, given a one unit increase in X.
D. represents the elasticity of Y on X.
Answer:C
In the simple linear regression model, the regression slope
A. indicates by how many percent Y increases, given a one percent increase in X. B. when multiplied with the explanatory variable will give you the predicted Y. C. indicates by how many units Y increases, given a one unit increase in X. D. represents the elasticity of Y on X.