Question: Consider the following sample regression equation: hat ( y ) = 8 + 5 x 1 + 3 x 2 , interpret the value 5

Consider the following sample regression equation: hat(y)=8+5x1+3x2, interpret the value 5
For a unit increase in y, the average value of x1 increases by 5 units, holding x2, constant
For a unit increase in x1, the average value of y increases by 5 units, holding x2, constant
For a unit increase in x1, the average value of y decreases by 5 units, holding x2, constant
For a unit increase in y, the average value of x1 decreases by 5 units, holding x2, constant
 Consider the following sample regression equation: hat(y)=8+5x1+3x2, interpret the value 5

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