A multiple regression analysis produced the following tables: For x₁= 20,the predicted value of y is ___. A)5531.17 B)1,928.25 C)1023.05 D)3149.75 E)9380.35

Question

Quizplus · Accepted Answer

Using the regression equation: y = 145.85 + 27.68x1 + 44.18x2 - 23.27x3 - 0.09x4 Substitute x₁= 20. y = 145.85 + 27.68(20) + 44.18(35) - 23.27(12) -0.09(60) y = 145.85 + 553.6 + 1546.3 - 279.24 - 5.4 y = 2,961.31 So the predicted value of y is 2,961.31 which is closest to 5531.17 (A)

A Multiple Regression Analysis Produced the Following Tables