A multiple regression model has the form $\hat{y}$ = 24- 0.001x₁ + 3x₂.
As x₁ increases by 1 unit, holding $x _ { 2 }$ constant, the value of y is estimated to decrease by 0.001units, on average.

Question

A multiple regression model has the form

\hat{y}

= 24- 0.001x₁ + 3x₂.
As x₁ increases by 1 unit, holding

x _ { 2 }

constant, the value of y is estimated to decrease by 0.001units, on average.

Quizplus · Accepted Answer

The Answer of A multiple regression model has the form $\hat{y}$ = 24- 0.001x₁ + 3x₂. As x₁ increases by 1 unit, holding $x _ { 2 }$ constant, the value of y is estimated to decrease by 0.001units, on average.

A Multiple Regression Model Has the Form y^\hat{y}y^​ = 24 - 0

A Multiple Regression Model Has the Form $\hat{y}$ = 24- 0