Question: In a simple linear regression, the following sample regression equation is obtained: y =42622x. y^=42622x. a. Interpret the slope coefficient. As x increases by 1

In a simple linear regression, the following sample regression equation is obtained:

y

=42622x.

y^=42622x.

a.Interpret the slope coefficient.

  • Asxincreases by 1 unit,yis predicted to decrease by 22 units.
  • Asxincreases by 1 unit,yis predicted to increase by 22 units.
  • Asxincreases by 1 unit,yis predicted to decrease by 426 units.
  • Asxincreases by 1 unit,yis predicted to increase by 426 units.

b.Predictyifxequals 12.

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