In a regression analysis of beef prices. What does the coefficient of beef price -12 tell me?

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asked Dec 28, 2019 17.8k views

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Jamele · Answer 1 · 2020-01-01T04:18:57+0000

In a regression analysis, you look at the relationship between two or more variables. Your question is very vague. But whenever you have a negative coefficient it means that dependent variable is negatively correlated to the independent variable.

In a regression analysis of beef prices. What does the coefficient of beef price -12 tell me?

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