Research Coordinator Interview Questions

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I know the relationship between X and Y, whereas Y is price and X is quantity. From the economics theory I know that they should have a negative correlation. However, I ran a regression where Y is dependent and X is independent, and the result shows that they are positively correlated instead. What would be your first econometrics intuition?

Research Intern

Interviewed at Bank of Lithuania

4.3
Aug 8, 2019

I know the relationship between X and Y, whereas Y is price and X is quantity. From the economics theory I know that they should have a negative correlation. However, I ran a regression where Y is dependent and X is independent, and the result shows that they are positively correlated instead. What would be your first econometrics intuition?

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