A multiple regression analysis produced the following tables. For x₁= 360 and x₂ = 220,the predicted value of y is ____________. A) 1314.70 B) 1959.71 C) 1077.58 D) 2635.19 E) 2265.57

Question

Quizplus · Accepted Answer

From the table, we can see that the regression equation is: y = 2361.23 + 2.95x1 + 4.10x2 + 6.78x3 where x1 = ₁, x2 = ₂, and x3 = Substituting x1 = 360, x2 = 220 and x3 = 400, we get: y = 2361.23 + 2.95(360) + 4.10(220) + 6.78(400) = 1314.70 Therefore, the predicted value of y is 1314.70.

A Multiple Regression Analysis Produced the Following Tables