APFIVE Interpreting Log-Linear Regression Coefficients
In a log-linear regression model where the logarithm of the dependent variable is used, how should the regression coefficient be interpreted?
A
It represents the absolute change in the dependent variable for a one-unit change in the independent variable.
B
It represents the approximate percent change in the dependent variable for a one-unit change in the independent variable.
C
It represents the fixed ratio between the dependent and independent variables.
D
It represents the reduction in the variability of the dependent variable.
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