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Suppose You Determine the Estimated Sample Regression Function to Be y^i=687.513,212.97xi\hat { y } _ { i } = 687.51 - 3,212.97 \cdot x _ { i } \text {. }

Question 10

Multiple Choice

Suppose you determine the estimated sample regression function to be y^i=687.513,212.97xi\hat { y } _ { i } = 687.51 - 3,212.97 \cdot x _ { i } \text {. }
You would conclude that


A) y^i\hat { y } _ { i } is estimated to equal 687.51 when xi = 0.
B) yi is estimated to increase by 3,212.97 for every one unit increase in xi.
C) yi is estimated to decrease by 687.51 for every one unit increase in xi.
D) yi is estimated to equal 3,212.97 when xi = 0.

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