Consider the Following Regression Equation: = 356 + 180x₁

Consider the following regression equation: = 356 + 180x₁ - 2.5x₂.The x₁ variable is a quantitative variable and the x₂ variable is a dummy with values 1 and 0.Given this,we can interpret the slope coefficient on variable x₂ as follows: Holding x₁ constant,if the value of x₂ is changed from 0 to 1,the average value of y will decrease by 2.5 units.