Question: The multiple regression model is given y = -4.03x 1 - 7.33x 2 + 36.46.The interpretation of the coefficient of x 1 the coefficient of

The multiple regression model is given y = -4.03x1 - 7.33x 2 + 36.46.The interpretation of the coefficient of x 1

the coefficient of x1 would be, "if x1 increases by 1 unit, then the response variable will decrease by___ units, on average, while holding x2 constant."

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 Mathematics Questions!