Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a regression is stated as Y=$1450 +$72(X), which of the following describes the slope of the relationship? a. when independent variable increases by one unit,
a regression is stated as Y=$1450 +$72(X), which of the following describes the slope of the relationship? a. when independent variable increases by one unit, the dependent variable increases by $72 b. when the dependent variable increases by one unit, the independent variable increases by $72 c. when the dependent variable increases by one unit, the indpeendent variable increases by $1450 d. when the independent variable increases by $1450, the dependent varaible changes by 72 e. when the dependent varaible increases by one unit, the indepent variable increases by $1450
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started