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Interpreting Estimated Model Coefficients

Please assist in answering the following questions and see attachment****

1. Interpret the estimated model coefficient b1
2. Interpret the estimated model coefficient b2.

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It seems that you named a1 and a2 in the regression, anyway, I will explain the regressors.

The coefficients show the marginal effect of the ...

Solution Summary

This solution provides answers to questions involving the interpretation of model coefficients.

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