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 equation: y = 289.261 + 2.872x₁ + 7.157x₂ Plugging in the given values: y = 289.261 + 2.872(30) + 7.157(100) = 1,355.26 Therefore, the predicted value of y is 1,355.26.

A Multiple Regression Analysis Produced the Following Tables