Forty observations were used to estimate y = Bo + B1x1 + B2x2 + E. The regression results are shown in the accompanying table. t Stat p-Value 1.56E-06 Coefficients Standard Error Intercept 13.83 2.42 5.71 -2.53 0.29 x1 0.15 -16.87 5.84E-19 x2 0.06 4.83 2.38E-05 a. Interpret the point estimate for ß1. OAs x1 increases by 1 unit, y is predicted to decrease by 2.53 units. OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units. OAs x1 increases by 1 unit, y is predicted to decrease by 2.53 units, holding x2 as a constant. OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units, holding x2 as a constant. b. What is the sample regression equation? (Round your answers to 2 decimal places.) ŷ ={ |X1+ X2.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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B and c
Forty observations were used to estimate y = Bo + Byx1 + B2x2 + ɛ. The regression
results are shown in the accompanying table.
p-Value
1.56E-06
5.84E-19
Standard Error
t Stat
5.71
Coefficients
Intercept
13.83
2.42
x1
-2.53
0.15
-16.87
x2
0.29
0.06
4.83
2.38E-05
a. Interpret the point estimate for ß1.
As x1 increases by 1 unit, y is predicted to decrease by 2.53 units.
OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units.
OAs x1 increases by 1 unit, y is predicted to decrease by 2.53 units, holding x2 as a constant.
OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units, holding x2 as a constant.
b. What is the sample regression equation? (Round your answers to 2 decimal places.)
ŷ = O-C
|X1 +
| X2.
c. What is the predicted value for y if x1 = -9 and x2 = 25. (Round your answer to 2 decimal
places.)
Transcribed Image Text:Forty observations were used to estimate y = Bo + Byx1 + B2x2 + ɛ. The regression results are shown in the accompanying table. p-Value 1.56E-06 5.84E-19 Standard Error t Stat 5.71 Coefficients Intercept 13.83 2.42 x1 -2.53 0.15 -16.87 x2 0.29 0.06 4.83 2.38E-05 a. Interpret the point estimate for ß1. As x1 increases by 1 unit, y is predicted to decrease by 2.53 units. OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units. OAs x1 increases by 1 unit, y is predicted to decrease by 2.53 units, holding x2 as a constant. OAs x1 increases by 1 unit, y is predicted to increase by 0.29 units, holding x2 as a constant. b. What is the sample regression equation? (Round your answers to 2 decimal places.) ŷ = O-C |X1 + | X2. c. What is the predicted value for y if x1 = -9 and x2 = 25. (Round your answer to 2 decimal places.)
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