Consider the sample regression equation: = 12 + 2x₁

Question

Consider the sample regression equation: = 12 + 2x₁ - 6x₂ + 6x₃ + 2x₄. When x₁ increases 1 unit and x₂ increases 2 units, while x₃ and x₄ remain unchanged, what change would you expect in the predicted y? A) Decrease by 2 B) Decrease by 10 C) Increase by 2 D) No change in the predicted y

Quizplus · Accepted Answer

The Answer of Consider the sample regression equation: = 12 + 2x₁ - 6x₂ + 6x₃ + 2x₄. When x₁ increases 1 unit and x₂ increases 2 units, while x₃ and x₄ remain unchanged, what change would you expect in the predicted y? A) Decrease by 2 B) Decrease by 10 C) Increase by 2 D) No change in the predicted y

Consider the Sample Regression Equation: = 12 + 2x1