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 regression equation with the given values: y = 307.74 + 8.84(x₁) + 4.62(x₂) y = 307.74 + 8.84(30) + 4.62(100) y = 307.74 + 265.20 + 462 y = 1,035.94 Therefore, the predicted value of y is 1,035.94, which is closest to option C, 1,355.26.

A Multiple Regression Analysis Produced the Following Tables