Question: Suppose you run a regression on a data set of Xs and Ys and obtain a least squares line of Y = 12 - 3X.

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?

Step by Step Solution

3.37 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

tr msoheightsourceauto col msowidthsourceauto br msodataplacementsamecell style0 msonumberformatGeneral textaligngeneral verticalalignbottom whitespac... View full answer

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

Document Format (1 attachment)

Excel file Icon

415-M-S-L-R (1381).xlsx

300 KBs Excel File

Students Have Also Explored These Related Statistics Questions!