Consider a linear regression model where y represents the response variable and x 1 and x 2

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Consider a linear regression model where y represents the response variable and x1 and x2 are the predictor variables. A regression model with x1, x2, and x1x2, where x1x2 is the interaction variable, is estimated as ŷ = 123.12 + 6.91x1 − 1.53x2 − 0.12x1x2.
a. Compute ŷ for x1 = 12 and x2 equal to 20 and 30.
b. Compute ŷ for x1 = 24 and x2 equal to 20 and 30.

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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