In an econometric model, Y = ∞ + βX, ∞ shows, / » Mathematical Economics and Econometrics solved MCQs / By admin Question: In an econometric model, Y = ∞ + βX, ∞ shows, A. intercept of the equation B. slope of the equation C. average value of y for average value of x D. rate of change Answer» a. intercept of the equation Note: The above multiple-choice question is for all general and Competitive Exams in India.
