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Author Question: The model E(y) = 0 + 1x1 + 2x2 was fit to a set of data.A partial printout for the analysis follows: ... (Read 32 times)

savannahhooper

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The model E(y) = β0 + β1x1 + β2x2 was fit to a set of data.

A partial printout for the analysis follows:


Interpret the value of the residual when x1 = 7,781 and x2 = 644.
◦ Since the residual is negative, there is evidence of a negative linear relationship between y and at least one of the two independent variables.
◦ The predicted is 8.468 less than the observed value of y.
◦ Since the residual is not 0, the model is not useful for predicting y.
◦ The predicted exceeds the observed value of y by 8.468.


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Marked as best answer by savannahhooper on Feb 14, 2020

peter

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savannahhooper

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Reply 2 on: Feb 14, 2020
YES! Correct, THANKS for helping me on my review


LegendaryAnswers

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Reply 3 on: Yesterday
Excellent

 

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