Suppose you run a regression on a data set of Xs and Ys and obtain a least

Question:

Suppose you run a regression on a data set of Xs and Ys and obtain a least squares line of Y = 12 - 3X.
a. If you double each value of X, what is the new least squares line?
b. If you triple each value of Y, what is the new least squares line?
c. If you add 6 to each value of X, what is the new least squares line?
d. If you subtract 4 from each value of Y, what is the new least squares line?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

Question Posted: