Question
A linear regression model is conducted and the coefficient for a variable is -3.0 with a 95% confidence interval of [-4.5, -1.5]. Which of the
A linear regression model is conducted and the coefficient for a variable is -3.0 with a 95% confidence interval of [-4.5, -1.5]. Which of the following statements is NOT true?
a) As the independent variable is not significant at an alpha of 0.05
b) On average, the model estimates that as the independent variable increases by one unit, the dependent variable decreases by 3.0 units
c) The model estimates with 95% confidence that as the independent variable increases by one unit, the dependent variable can decrease by as much as 4.5 units
d) The model estimates with 95% confidence that as the independent variable increases by one unit, the dependent variable can decrease by as little as 1.5 units
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