Solved

Consider the Sample Regression Equation = 12 + 3x1

Question 64

Multiple Choice

Consider the sample regression equation Consider the sample regression equation   = 12 + 3x<sub>1</sub> - 5x<sub>2</sub> + 7x<sub>3</sub> - 2x<sub>4</sub>.When x<sub>1</sub> increases by 1 unit and x<sub>2</sub> increases by 2 units,while x<sub>3</sub> and x<sub>4</sub> remain unchanged,what change would you expect in the predicted y? A)  Decrease by 2 B)  Decrease by 4 C)  Decrease by 7 D)  No change in predicted y = 12 + 3x1 - 5x2 + 7x3 - 2x4.When x1 increases by 1 unit and x2 increases by 2 units,while x3 and x4 remain unchanged,what change would you expect in the predicted y?


A) Decrease by 2
B) Decrease by 4
C) Decrease by 7
D) No change in predicted y

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents