Question: Answer the following question based on this situation: You run standard multiple regression on your variables ( dependent Q; independents A , B , C

Answer the following question based on this situation: You run standard multiple regression on your variables (dependent Q; independents A, B, C, and D). The resulting regression output is the following:
Coefficients
Standard Error
P-value
(or Sig value)
Lower 95%
Upper 95%
Intercept
50.971
1.273
4.094E-06
524.04117
1091.796
A
-0.625
0.061
4.341E-11
-5.9751292
-4.09374
B
0.175
0.020
5.737E-05
2.7893473
6.931397
C
0.555
0.044
4.292E-03
0.1129530
0.543153
D
-0.0009
0.035
2.384E-08
0.0064627
0.010948
Based on the regression model created from the above output,
Group of answer choices
when dependent variable D increases by one unit, independent variable Q will decrease by 0.0009 units.
when independent variable D increases by one unit, independent variable Q will increase by -0.0009 units.
when independent variable D increases by one unit, dependent variable Q will decrease by 0.0009 units.
when independent variable D increases, dependent variable Q will increase by 0.0009 units.
when independent variable D increases, dependent variable Q will decrease by 0.0009 units.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!