Use the accompanying set of dependent and independent variables to complete parts a through c below....
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Use the accompanying set of dependent and independent variables to complete parts a through c below. Click the icon to view the data set. a) Using technology, construct a multiple regression model with the given data. ŷ = ( ) + ( ) × ₁₁ + (x2 y (Round to three decimal places as needed.) b) Interpret the meaning of the values for b₁ and b₂. Select the correct choice below and fill in the answer boxes within your choice. (Round to three decimal places as needed.) A. The value for b₁ means that when X2 is equal to 0, x₁ is equal to The value for b₂ means that when X₁ equals 0, X2 is equal to B. The value for b₁ means that for a one-unit change in x₁ with 2 constant, ŷ increases by C. The value for b₁ means that for a one-unit change in X2 with ×₁ constant, ŷ increases by c) Provide an estimate for y when x₁ = 54 and x2 = 14. The value for b₂ means that for a one-unit change in x2 with ×₁ constant, y increases by The value for b₂ means that for a one-unit change in X₁ with X2 constant, y increases by = (Round to two decimal places as needed.) Set of dependent and independent variables y X2 422 46 42 73 223 39 39 30 24 22 17 9 62 77 52 43 47 36 16 20 17 14 16 16 11 Use the accompanying set of dependent and independent variables to complete parts a through c below. Click the icon to view the data set. a) Using technology, construct a multiple regression model with the given data. ŷ = ( ) + ( ) × ₁₁ + (x2 y (Round to three decimal places as needed.) b) Interpret the meaning of the values for b₁ and b₂. Select the correct choice below and fill in the answer boxes within your choice. (Round to three decimal places as needed.) A. The value for b₁ means that when X2 is equal to 0, x₁ is equal to The value for b₂ means that when X₁ equals 0, X2 is equal to B. The value for b₁ means that for a one-unit change in x₁ with 2 constant, ŷ increases by C. The value for b₁ means that for a one-unit change in X2 with ×₁ constant, ŷ increases by c) Provide an estimate for y when x₁ = 54 and x2 = 14. The value for b₂ means that for a one-unit change in x2 with ×₁ constant, y increases by The value for b₂ means that for a one-unit change in X₁ with X2 constant, y increases by = (Round to two decimal places as needed.) Set of dependent and independent variables y X2 422 46 42 73 223 39 39 30 24 22 17 9 62 77 52 43 47 36 16 20 17 14 16 16 11
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