Use the following multiple regression equation. a. Interpret the meaning of the
ID: 3276672 • Letter: U
Question
Use the following multiple regression equation. 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., Y will an estimated i units, holding constant. For each oneunit increase in X2 Ywil an estimated | | units, holding | constant. b. Interpret the meaning of the Y intercept. Choose the correct answer below OA. The Y-intercept 4 estimates the value of Y when X2 is 0 O B. The Y-intercept 4 estimates the value of Y when both X, and X2 are 0. O C. The Y-intercept 2 estimates the value of Y when X, is 0 OD. The Y-intercept 70 estimates the value of Y when X2 is 0 E. The Y-intercept 70 estimates the value of Y when both X1 and X2 are 0 The Y-intercept 2 estimates the value of Y when both X1 and X2 are 0 F. OG. The Y-intercept 70 estimates the value of Y when X, is 0.Explanation / Answer
a) For one unit change in X1, Y will decrease an estimated 2 units, holding X2 constant. For each one unit increase in X2 Y will increase an estimated 4 units, holding X1 constant.
b) Option E : The Y-intercept 70 estimates the value of Y when both X1 and X2 are 0.