True or False. (One sentence explanation.)
ii. Suppose two variables are related by the following formula: Z = 57X +3. The t-statistic on the null hypothesis that the slope coefficient is equal to zero will be the same in a regression of Y on X as in a regression of Y on Z.
iii. Suppose two variables are related by the following formula: Z
= ln(X). The t-statistic on the null hypothesis that the slope
coefficient is equal to zero will be the same in a regression of Y on
X as in a regression of Y on Z.
Therefore False for (ii) ,(iii)
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