The estimated regression equation for a model involving two independent variables and 10 observations follows. ŷ = 33.0798 + 0.6071x₁ + 0.7058x2 a. Interpret b₁ and be in this estimated regression equation (to 4 decimals). b₁ = - Select your answer - b₂ = - Select your answer - y changes by 0.6071 when x1 increases by 1 unit and x2 stays the same y changes by 0.6071 when x2 increases by 1 unit and x1 stays the same y changes by 0.7058 when x1 increases by 1 unit and x2 stays the same y changes by 0.7058 when x2 increases by 1 unit and x1 stays the same
The estimated regression equation for a model involving two independent variables and 10 observations follows. ŷ = 33.0798 + 0.6071x₁ + 0.7058x2 a. Interpret b₁ and be in this estimated regression equation (to 4 decimals). b₁ = - Select your answer - b₂ = - Select your answer - y changes by 0.6071 when x1 increases by 1 unit and x2 stays the same y changes by 0.6071 when x2 increases by 1 unit and x1 stays the same y changes by 0.7058 when x1 increases by 1 unit and x2 stays the same y changes by 0.7058 when x2 increases by 1 unit and x1 stays the same
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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![The estimated regression equation for a model involving two independent variables and 10 observations follows:
\[
\hat{y} = 33.0798 + 0.6071x_1 + 0.7058x_2
\]
**a. Interpret \(b_1\) and \(b_2\) in this estimated regression equation (to 4 decimals).**
- \(b_1 =\) (input box)
(Selection menu for interpretation)
Options:
- \(y\) changes by 0.6071 when \(x_1\) increases by 1 unit and \(x_2\) stays the same
- \(y\) changes by 0.6071 when \(x_2\) increases by 1 unit and \(x_1\) stays the same
- \(y\) changes by 0.7058 when \(x_1\) increases by 1 unit and \(x_2\) stays the same
- \(y\) changes by 0.7058 when \(x_2\) increases by 1 unit and \(x_1\) stays the same
- \(b_2 =\) (input box)
### Explanation:
This regression equation involves two independent variables, \(x_1\) and \(x_2\). The coefficients \(b_1\) and \(b_2\) represent the expected change in the dependent variable \(y\) for a one-unit increase in each respective independent variable, holding the other variable constant. The given options allow selection for correct interpretation of these coefficients.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F631d52d2-d8ca-4fc4-a52f-45ccb5125001%2Ff05cbf95-cb1b-4a33-a42d-d7b4b553b2f8%2Fobd8n8_processed.png&w=3840&q=75)
Transcribed Image Text:The estimated regression equation for a model involving two independent variables and 10 observations follows:
\[
\hat{y} = 33.0798 + 0.6071x_1 + 0.7058x_2
\]
**a. Interpret \(b_1\) and \(b_2\) in this estimated regression equation (to 4 decimals).**
- \(b_1 =\) (input box)
(Selection menu for interpretation)
Options:
- \(y\) changes by 0.6071 when \(x_1\) increases by 1 unit and \(x_2\) stays the same
- \(y\) changes by 0.6071 when \(x_2\) increases by 1 unit and \(x_1\) stays the same
- \(y\) changes by 0.7058 when \(x_1\) increases by 1 unit and \(x_2\) stays the same
- \(y\) changes by 0.7058 when \(x_2\) increases by 1 unit and \(x_1\) stays the same
- \(b_2 =\) (input box)
### Explanation:
This regression equation involves two independent variables, \(x_1\) and \(x_2\). The coefficients \(b_1\) and \(b_2\) represent the expected change in the dependent variable \(y\) for a one-unit increase in each respective independent variable, holding the other variable constant. The given options allow selection for correct interpretation of these coefficients.
![**Estimated Regression Equation for Two Independent Variables**
The estimated regression equation for a model involving two independent variables and 10 observations is as follows:
\[
\hat{y} = 33.0798 + 0.6071x_1 + 0.7058x_2
\]
### a. Interpretation of Coefficients \(b_1\) and \(b_2\)
Interpret \(b_1\) and \(b_2\) in this estimated regression equation (to 4 decimals).
\(b_1 = \)
- [Select your answer -]
\(b_2 = \)
- [Select your answer -]
### b. Estimation
Estimate \(y\) when \(x_1 = 180\) and \(x_2 = 310\) (to 3 decimals).
\[\]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F631d52d2-d8ca-4fc4-a52f-45ccb5125001%2Ff05cbf95-cb1b-4a33-a42d-d7b4b553b2f8%2Fkrb0aq6_processed.png&w=3840&q=75)
Transcribed Image Text:**Estimated Regression Equation for Two Independent Variables**
The estimated regression equation for a model involving two independent variables and 10 observations is as follows:
\[
\hat{y} = 33.0798 + 0.6071x_1 + 0.7058x_2
\]
### a. Interpretation of Coefficients \(b_1\) and \(b_2\)
Interpret \(b_1\) and \(b_2\) in this estimated regression equation (to 4 decimals).
\(b_1 = \)
- [Select your answer -]
\(b_2 = \)
- [Select your answer -]
### b. Estimation
Estimate \(y\) when \(x_1 = 180\) and \(x_2 = 310\) (to 3 decimals).
\[\]
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