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Reading 12: Multiple Regression and Issues in Regression A

Q12. The coefficient standard error for the independent variable “% Construction Employment” under the relative employment instability model is closest to:

A)   0.3595.

B)   0.0818.

C)   2.2675.

Q13. Which of the following best describes how to interpret the R2 for the employment growth rate model? Changes in the value of the:

A)   independent variables explain 28.9% of the variability of the employment growth rate.

B)   independent variables cause 28.9% of the variability of the employment growth rate.

C)   employment growth rate explain 28.9% of the variability of the independent variables.

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