Question: The regression equation is = -42,000.00 + .1214X 1 + .2127X 2 For a freight cargo case where Y is the volume of freight cargo
The regression equation is = -42,000.00 + .1214X1 + .2127X2
For a freight cargo case where Y is the volume of freight cargo shipped by road, X1 is the length of roads and X2 number of commercial vehicles.
What does the model indicate and what is your interpretation of the said regression equation?
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