# Question: Forty observations were used to estimate y 0

Forty observations were used to estimate y = β0 + β1x1 + β2x2 + . A portion of the regression results is shown in the following table.

a. What is the point estimate for β1? Interpret this value.

b. What is the sample regression equation?

c. What is the predicted value for y if x1 = 29 and x2 =25.

a. What is the point estimate for β1? Interpret this value.

b. What is the sample regression equation?

c. What is the predicted value for y if x1 = 29 and x2 =25.

## Answer to relevant Questions

On the first day of class, an economics professor administers a test to gauge the math preparedness of her students. She believes that the performance on this math test and the number of hours studied per week on the course ...Education reform is one of the most hotly debated subjects on both state and national policy makers’ list of socioeconomic topics. Consider a linear regression model that relates school expenditures and family background ...In a multiple regression with four explanatory variables and 100 observations, it is found that SSR = 4.75 and SST = 7.62.a. Calculate the standard error of the estimate.b. Calculate the coefficient of determination R2.c. ...For a sample of 41 New England cities, a sociologist studies the crime rate in each city (crimes per 100,000 residents) as a function of its poverty rate (in %) and its median income (in $1,000s). A portion of the regression ...Consider the following regression results based on 20 observations.a. Specify the hypotheses to determine if the intercept differs from zero. Perform this test at the 5% significance level.b. Construct the 95% confidence ...Post your question