you are running a regression of 32 o d 42 34 log yalphabeta log xvarep
Question
You are running a regression of: \log Y=\alpha+\beta \log X+\varepsilon You estimate ß to be 2. When X is at 20, Y is at 30. If X increases from 20 to 22, which value below will bethe closest to Y as predicted by the above equation? А. 32 В. 34 C. 36 O D. 42