A multiple regression analysis produced the following tables: For x₁= 30 and x₂ = 100,the predicted value of y is ___. A)753.77 B)1,173.00 C)1,355.26 D)615.13 E)6153.13

Question

Quizplus · Accepted Answer

Using the given regression output: y = -580.72 + 6.64x₁ + 4.08x₂ Substituting x₁ = 30 and x₂ = 100: y = -580.72 + 6.64(30) + 4.08(100) y = -580.72 + 198.6 +408 y = 753.88 Therefore, the predicted value for y is 753.77.

A Multiple Regression Analysis Produced the Following Tables