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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