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Consider the Following Linear Regression Model

Question 6

Short Answer

Consider the following linear regression model
Y = β0 + β1x + e
where β0 = 4, β1 = -2, and the normal random variable e, has the standard deviation 3.
A) What is the mean of the response Y when x = 8?
B) Will the response at x = 9 always be larger than that at x = 8? Answer "Yes" or "No".

Correct Answer:

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Part A: -1...

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