Author Question: The estimated slope coefficient (b) of the regression equation (Ln Y = a + b Ln X) measures the ____ ... (Read 63 times)

Coya19@aol.com · **on:** Jul 1, 2018

The estimated slope coefficient (b) of the regression equation (Ln Y = a + b Ln X) measures the ____ change in Y for a one ____ change in X.
a. percentage, unit
b. percentage, percent
c. unit, unit
d. unit, percent
e. none of the above

Question 2

Which of the following is TRUE?
a. Maximizing division profits always leads to maximizing company-wide profits
b. Managers of profit centers are not given any discretion in their decision making
c. Profit centers usually require the highest degree of attention of corporate executives
d. A manager being rewarded on division revenues has the most incentive to make good decisions for his division