Use the following multiple regression equation. ModifyingAbove Upper Y with care
ID: 3358478 • Letter: U
Question
Use the following multiple regression equation.
ModifyingAbove Upper Y with caret Subscript i Yi=Yi=907X1i+3X2i
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
X1,
Y will
decrease
increase
an estimated
nothing
units, holding
Upper YY
Upper X 2
Upper X 1
constant. For each one-unit increase in
X2,
Y will
decrease
increase
an estimated
nothing
units, holding
Upper X 1
Upper X 2
Upper Y
constant.
Explanation / Answer
a.) For each one unit increase in X1, Y will
Answer - Decrease
Reason - because the slope X1 has a negative coefficient.
b.) For each one unit increase in X2, Y will
Answer - Increase
Reason - because X2 has a positive coefficient.
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