Inactive Tutor answered • 08/22/19
Tutor
New to Wyzant
β2, or the coefficient of Xt2 is the change in Yt due to one unit change in Xt2, holding all other variables unchanged.
How do I interpret β2 and β3 for Yt=β1+β2xt2+β3xt3+…+βKxtK+e?
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