In the estimated multiple regression model y = b₀ + b₁x₁ + b₂x₂, if the value of x₁ is increased by 3 and the value of x₂ is increased by 2 simultaneously, the value of y will increase by (3b₁+ 2b₂)units.

Name: In the estimated multiple regression model y = b 0 + b 1 x 1 + b 2 x 2 , if the value of x 1 is increased by 3 and the value of x 2 is increased by 2 simultaneously, the value of y will increase by (3b 1 + 2b 2 )units.
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Question

Quizplus · Accepted Answer

The Answer is False

In the Estimated Multiple Regression Model Y = B0

In the Estimated Multiple Regression Model Y = B₀