The scatterplot shown below represents a typical shape of a cubic regression model y = β0 + β1x + β2x2 + β3x3 + ε. Which of the following is true about values of the regression coefficients?
A) β1 > 0;β2 > 0;β3 > 0
B) β1 < 0;β2 > 0;β3 > 0
C) β1 < 0;β2 < 0;β3 > 0
D) β1 > 0;β2 < 0;β3 > 0
Correct Answer:
Verified
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