The estimated slope coefficient (b) of the regression equation ...

[Coya19@aol.com]

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

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Answer to Question 1

b

Answer to Question 2

d

[Coya19@aol.com]

Thanks for the timely response, appreciate it

TYSM