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The regression coefficients in each thus have a different interpretation. Statistical inference procedures can be performed on the regression coefficients. In particular, we can perform a test to ...
A typical finding is that estimated versions of the Phillips curve have become flatter over time, meaning that the regression coefficient on the gap variable—called the “slope” of the curve—has become ...
In predictive applications of multiple regression, interest centers on the estimation of the population coefficient of cross-validation rather than the population multiple correlation. The accuracy of ...
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