Consider the sample regression equation = 12 + 3x₁

Question

Consider the sample regression equation = 12 + 3x₁ - 5x₂ + 7x₃ - 2x₄. When x₁ increases by 1 unit and x₂ increases by 2 units, while x₃ and x₄ remain unchanged, what change would you expect in the predicted y? A) Decrease by 2 B) Decrease by 4 C) Decrease by 7 D) No change in predicted y

Quizplus · Accepted Answer

The Answer of Consider the sample regression equation = 12 + 3x₁ - 5x₂ + 7x₃ - 2x₄. When x₁ increases by 1 unit and x₂ increases by 2 units, while x₃ and x₄ remain unchanged, what change would you expect in the predicted y? A) Decrease by 2 B) Decrease by 4 C) Decrease by 7 D) No change in predicted y

Consider the Sample Regression Equation = 12 + 3x1