List of top Economics Questions on Linear regression asked in IIT JAM EN

Consider the following population regression equation:

For a sample of employees participating in an annual appraisal, the effect of the participants’ performance on their wages is studied. Information are collected, and variables of interest are defined below:

Let \(Y_t\) be the value of \(Y\) in year \(t\). The natural logarithmic value of \(Y_t\) is regressed on \(t\). A simple linear regression yields the statistically significant estimates of intercept and slope coefficient as \(12\) and \(0.1512\), respectively. The calculated compound annual growth rate of \(Y\) is