Question: questions based on the picture coef std err Piti 10.025 0.9751 const 301.8054 5.787 52.155 0.000 290.278 313.333 x1 58.7055 9.184 6.392 0.000 40.410 77.001

questions based on the picture coef std err Piti
questions based on the picture
questions based on the picture coef std err Piti
coef std err Piti 10.025 0.9751 const 301.8054 5.787 52.155 0.000 290.278 313.333 x1 58.7055 9.184 6.392 0.000 40.410 77.001 x2 -5.7902 0.509 -11.368 0.000 -6.805 -4.776 10.4810 0.858 12.217 0.000 x1x2 8.772 12.190 R2-0.9471, N-79 x1 is a binominal variable with value 0 or 1. x2 and the dependent variable (DV) are continuous. 450 400 350 . 300- 250 :.. 200 150 0.0 2.5 5.0 7.5 10.0 12.5 15.0 17.5 20.0 Is it possible to use the reported results to make a prediction? Yes, we can predict a future situation Yes, we can predict the dependent variable for a new observation if we know x1 and 2 O Yes, we can predict x1 if we know x2 o Yes, we can predict the dependent variable for a new observation if we know xi or x2 Frga 16 5 pong If only x2 was included in the analysis, what would the results be? (multiple answers can be correct) The number of observations decreases. The model would improve. The number of concepts decreases. Our understanding of the variation in the dependent variable would decrease The variation in the dependent variable would decrease Frga 17 5 pong Assuming the unit of observation is customers, what could be an interpretation of the results? (max 30 words) You can make assumptions about what the variables represent

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