Suppose a multiple regression model is given by (hat{y}=3.64 x_{1}-7.99 x_{2}+30.89). An interpretation of the coefficient of
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Suppose a multiple regression model is given by \(\hat{y}=3.64 x_{1}-7.99 x_{2}+30.89\). An interpretation of the coefficient of \(x_{1}\) would be, "if \(x_{1}\) decreases by 1 unit, then the response variable will decrease by __________ units, on average, while holding \(x_{2}\) constant."
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Statistics Informed Decisions Using Data
ISBN: 9781292157115
5th Global Edition
Authors: Michael Sullivan
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