Consider the regression equation: Y = 98.3 +.35X₁ + 22.3X₂,the predicted value for Y when X₁ = 3 and X₂ = 5 is ____.
A)67.23
B)98.34
C)118.45
D)210.85

Name: Consider the regression equation: Y = 98.3 +.35X₁ + 22.3X₂,the predicted value for Y when X₁ = 3 and X₂ = 5 is ____. A)67.23 B)98.34 C)118.45 D)210.85
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

To find the predicted value of Y, substitute X₁ = 3 and X₂ = 5 into the equation: Y = 98.3 + 0.35(3) + 22.3(5) = 98.3 + 1.05 + 111.5 = 210.85.

Consider the Regression Equation: Y = 98