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Author Question: Solve the problem.You obtain the multiple regression equation = 2 + 6x1 - 8x2 from a set of sample ... (Read 33 times)

yoroshambo

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Solve the problem.

You obtain the multiple regression equation = 2 + 6x1 - 8x2 from a set of sample data. Interpret the slope coefficients for x1 and x2.
◦ The slope coefficient of x1 is -6. This indicates that will decrease 6 units, on average, for every 1-unit increase in x1, provided that x2 remains constant. The slope coefficient of x2 is 8. This indicates that will increase 8 units, on average, for every 1-unit increase in x2, provided that x1 remains constant.
◦ The slope coefficient of x1 is 8. This indicates that will increase 8 units, on average, for every 1-unit increase in x1, provided that x2 remains constant. The slope coefficient of x2 is -6. This indicates that will decrease 6 units, on average, for every 1-unit increase in x2, provided that x1 remains constant.
◦ The slope coefficient of x1 is 6. This indicates that will increase 6 units, on average, for every 1-unit increase in x1, provided that x2 remains constant. The slope coefficient of x2 is -8. This indicates that will decrease 8 units, on average, for every 1-unit increase in x2, provided that x1 remains constant.
◦ The slope coefficient of x1 is -8. This indicates that will decrease 8 units, on average, for every 1-unit increase in x1, provided that x2 remains constant. The slope coefficient of x2 is 6. This indicates that will increase 6 units, on average, for every 1-unit increase in x2, provided that x1 remains constant.


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Marked as best answer by yoroshambo on Jan 16, 2020

Galvarado142

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yoroshambo

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Reply 2 on: Jan 16, 2020
Thanks for the timely response, appreciate it


ebonylittles

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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