Question
In a regression analysis involving 30 observations, the following estimated regression equation was obtained. =16.9+3.6 x 1 2.4 x 2 +7.8 x 3 +2.7 x
In a regression analysis involving 30 observations, the following estimated regression equation was obtained.
=16.9+3.6x12.4x2+7.8x3+2.7x4
(a)
Interpretb1in this estimated regression equation.
b1=2.4 is an estimate of the change inycorresponding to a 1 unit change inx1whenx2,x3, andx4are held constant.
b1= 2.7 is an estimate of the change inycorresponding to a 1 unit change inx4whenx1,x2, andx3are held constant.
b1= 3.6 is an estimate of the change inycorresponding to a 1 unit change inx2whenx1,x3, andx4are held constant.
b1= 7.8 is an estimate of the change inycorresponding to a 1 unit change inx3whenx1,x2, andx4are held constant.
b1= 3.6 is an estimate of the change inycorresponding to a 1 unit change inx1whenx2,x3, andx4are held constant.
Interpretb2 in this estimated regression equation.
b2=2.4 is an estimate of the change inycorresponding to a 1 unit change inx2whenx1,x3, andx4are held constant.
b2= 3.6 is an estimate of the change inycorresponding to a 1 unit change inx1whenx2,x3, andx4are held constant.
b2=2.4 is an estimate of the change inycorresponding to a 1 unit change inx1whenx2,x3, andx4are held constant.
b2= 2.7 is an estimate of the change inycorresponding to a 1 unit change inx4whenx1,x2, andx3are held constant.
b2= 7.8 is an estimate of the change inycorresponding to a 1 unit change inx3whenx1,x2, andx4are held constant.
Interpretb3 in this estimated regression equation.
b3= 7.8 is an estimate of the change inycorresponding to a 1 unit change inx3whenx1,x2, andx4are held constant.
b3=2.4 is an estimate of the change inycorresponding to a 1 unit change inx1whenx2,x3, andx4are held constant.
b3=2.7 is an estimate of the change inycorresponding to a 1 unit change inx4whenx1,x2, andx3are held constant.
b3= 7.8 is an estimate of the change inycorresponding to a 1 unit change inx2whenx1,x3, andx4are held constant.
b3= 3.6 is an estimate of the change inycorresponding to a 1 unit change inx3whenx1,x2, andx4are held constant.
Interpretb4in this estimated regression equation.
b4= 7.8 is an estimate of the change inycorresponding to a 1 unit change inx2whenx1,x3, andx3are held constant.
b4= 3.6 is an estimate of the change inycorresponding to a 1 unit change inx4whenx1,x2, andx3are held constant.
b4=2.4 is an estimate of the change inycorresponding to a 1 unit change inx2whenx1,x3, andx4are held constant.
b4= 2.7 is an estimate of the change inycorresponding to a 1 unit change inx3whenx1,x2, andx4are held constant.
b4= 2.7 is an estimate of the change inycorresponding to a 1 unit change inx4whenx1,x2, andx3are held constant.
(b)
Predictywhenx1= 10,x2= 5,x3= 1, andx4= 2.
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