Exhibit 15-6 Below you are given a partial Excel output based on a sample of 16 observations. -Refer to Exhibit 15-6. The estimated regression equation is A)y = $\beta$₀ + $\beta$₁x₁ + $\beta$₂x₂ + $\varepsilon$ B)E(y) = $\beta$₀ + $\beta$₁x₁ + $\beta$₂x₂ C)= 12.924 - 3.682 x₁ + 45.216 x₂ D)= 4.425 + 2.63 x₁ + 12.56 x₂

Question

Quizplus · Accepted Answer

The estimated regression equation is represented by the formula y = a + bx, where a is the intercept and b is the slope. In choice C, the estimated regression equation is given with the values of a, b1, and b2. Therefore, C is the best choice. Choices A and B are not in the correct format of a regression equation. Choice D has the incorrect values for the intercept and slope.

Exhibit 15-6 Below You Are Given a Partial Excel Output β\betaβ

Exhibit 15-6
Below You Are Given a Partial Excel Output $\beta$