SCENARIO 14-16
14-64 Introduction to Multiple Regression
Introduction to Multiple Regression 14-65
-Referring to Scenario 14-16, what is the correct interpretation for the estimated coefficient for
X1?
A) As the 0 to 60 miles per hour acceleration time increases by one second, the mean engine size will decrease by an estimated 0.0005 c.c.without taking into consideration the other Independent variable included in the model.
B) As the engine size increases by one c.c., the mean 0 to 60 miles per hour acceleration time will decrease by an estimated 0.0005 seconds without taking into consideration the Other independent variable included in the model.
C) As the 0 to 60 miles per hour acceleration time increases by one second, the mean engine size will decrease by an estimated 0.0005 c.c.taking into consideration the other Independent variable included in the model.
D) As the engine size increases by one c.c., the mean 0 to 60 miles per hour acceleration time will decrease by an estimated 0.0005 seconds taking into consideration the other Independent variable included in the model.

Question

SCENARIO 14-16   
14-64 Introduction to Multiple Regression  
Introduction to Multiple Regression 14-65 
-Referring to Scenario 14-16, what is the correct interpretation for the estimated coefficient for
X1?
A) As the 0 to 60 miles per hour acceleration time increases by one second, the mean engine size will decrease by an estimated 0.0005 c.c.without taking into consideration the other Independent variable included in the model. 
B) As the engine size increases by one c.c., the mean 0 to 60 miles per hour acceleration time will decrease by an estimated 0.0005 seconds without taking into consideration the Other independent variable included in the model. 
C) As the 0 to 60 miles per hour acceleration time increases by one second, the mean engine size will decrease by an estimated 0.0005 c.c.taking into consideration the other Independent variable included in the model. 
D) As the engine size increases by one c.c., the mean 0 to 60 miles per hour acceleration time will decrease by an estimated 0.0005 seconds taking into consideration the other Independent variable included in the model.

Quizplus · Accepted Answer

The correct interpretation of the estimated coefficient for X1 is that as the engine size increases by one c.c., the mean 0 to 60 miles per hour acceleration time will decrease by an estimated 0.0005 seconds, taking into consideration the other independent variable included in the model.