Asked by Alivia Thomas on May 31, 2024
Verified
A multiple regression model has the following estimated form: = 7 + 2x1 + 9x2
As x2 increases by 1 unit (holding x1 constant) , y is expected to
A) increase by 9 units.
B) decrease by 9 units.
C) increase by 2 units.
D) decrease by 2 units.
Multiple Regression Model
A statistical technique that predicts the outcome of a response variable based on multiple explanatory variables.
Units
Basic quantities or items in measurement or statistics that are counted or measured in a dataset.
- Analyzing regression coefficients to determine the effect of independent variables on the dependent variable.
Verified Answer
DJ
Dominik JordanJun 03, 2024
Final Answer :
A
Explanation :
According to the model, as x2 increases by 1 unit (holding x1 constant), y is expected to increase by 9 units. This is because the coefficient of x2 in the model is 9, indicating that for each unit increase in x2, y is expected to increase by 9 units, all other things being equal.
Learning Objectives
- Analyzing regression coefficients to determine the effect of independent variables on the dependent variable.
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