1 Consider an estimated linear regression model with a response Y and four predictors X1, X2, X3, and X4, based on a random sample of 25 sales agents of medical supplies in 3 regions of the province. Y is annual sales in 1000$, X1 in 100$, X2 in 100$, X3 in %, and X4 in 1000$. The regression results are given below. Coefficients Standard Error Intercept -593.53745 259.19585 2.51314 0.31428 1.90595 0.74239 2.65101 -0.12073 X1 X2 X3 X4 4.63566 0.37181 Type your numerical answer here. Find the lower limit of the change in the mean response in dollars, for a unit change in X1 with a 95% confidence level, assuming that the other predictors remain unchanged over the period.
1 Consider an estimated linear regression model with a response Y and four predictors X1, X2, X3, and X4, based on a random sample of 25 sales agents of medical supplies in 3 regions of the province. Y is annual sales in 1000$, X1 in 100$, X2 in 100$, X3 in %, and X4 in 1000$. The regression results are given below. Coefficients Standard Error Intercept -593.53745 259.19585 2.51314 0.31428 1.90595 0.74239 2.65101 -0.12073 X1 X2 X3 X4 4.63566 0.37181 Type your numerical answer here. Find the lower limit of the change in the mean response in dollars, for a unit change in X1 with a 95% confidence level, assuming that the other predictors remain unchanged over the period.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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