Consider a linear regression model where y represents the response variable and x 1 and x 2
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
Question Posted: