Use the following multiple regression equation. Yi-60-9X1 i +7X2i a. Interpret t

Question

Use the following multiple regression equation. Yi-60-9X1 i +7X2i a. Interpret the meaning of the slopes. b. Interpret the meaning of the Y intercept. a. Interpret the meaning of the slopes. For each one-unit increase in X, will decrease an estimated 9 units, holding X2 constant. For each one-unit increase in X2, Y will increase an estimated 7 units, holding X1 constant. b. Interpret the meaning of the Y intercept. Choose the correct answer below. 0 A. The Y-intercept 60 estimates the value of Y when both X1 and X2 are 0. O B. The Y-intercept 60 estimates the value of Y when X2 is 0. C. The Y-intercept 7 estimates the value of Y when both X1 and X2 are 0. O D. The Y-intercept 9 estimates the value of Y when both X1 and X2 are 0. 0 E. The Y-intercept 60 estimates the value of Y when X, is 0. ° F. The Y-intercept 7 estimates the value of Y when X2 is 0. OG. The Y-intercept 9 estimates the value of Y when X, is 0

Explanation / Answer

The y intercept is x1 and x2 are 0, y=60 , thus right answer is given by option A)

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