The following is the estimation results for a multiple linear regression model: Y=B₁ + B₁X₁ + B₂X₂ + ε SUMMARY OUTPUT Regression Statistics R-Square Regression Standard Error (S) Observations Coeff StdError 1283.000 352.000 25.228 8.631 0.861 0.372 0.558 863.100 35 t-Stat 3.65 Intercept X₁ X₂ Questions: 1. Write the fitted regression equation (30 points). 2. Write the estimated intercepts and slopes, associated with their corresponding standard errors (30 points). 3. Interpret each coefficient (40 points).

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The following is the estimation results for a multiple linear regression model: Y = Bo + BX, + Bxz + 8 SUMMARY OUTPUT Regression Statistics R-Square Regression Standard Error (S) Observations 0.558 863.100 35 Coeff StdError 1283.000 352.000 25.228 8.631 0.861 0.372 t-Stat 3.65 Intercept X] X2 Questions: Write the fitted regression equation (30 points). 2 Write the estimated intercepts and slopes, associated with their corresponding standard errors (30 points). 3 Interpret each coefficient.

The following is the estimation results for a multiple linear regression model:
Y=B₁ + B₁X₁ + B₂X₂ + ε
SUMMARY OUTPUT
Regression Statistics
R-Square
Regression Standard Error (S)
Observations
Coeff
StdError
1283.000 352.000
25.228
0.861
0.558
863.100
35
8.631
0.372
t-Stat
3.65
Intercept
X₁
X₂
Questions:
1.
Write the fitted regression equation (30 points).
2. Write the estimated intercepts and slopes, associated with their corresponding standard
errors (30 points).
3. Interpret each coefficient (40 points).
Transcribed Image Text:The following is the estimation results for a multiple linear regression model: Y=B₁ + B₁X₁ + B₂X₂ + ε SUMMARY OUTPUT Regression Statistics R-Square Regression Standard Error (S) Observations Coeff StdError 1283.000 352.000 25.228 0.861 0.558 863.100 35 8.631 0.372 t-Stat 3.65 Intercept X₁ X₂ Questions: 1. Write the fitted regression equation (30 points). 2. Write the estimated intercepts and slopes, associated with their corresponding standard errors (30 points). 3. Interpret each coefficient (40 points).
The following is the estimation results for a multiple linear regression model:
Y=B₁ + B₁X₁ + B₂X₂ + ε
SUMMARY OUTPUT
Regression Statistics
R-Square
Regression Standard Error (S)
Observations
Coeff
StdError
1283.000 352.000
25.228
0.861
0.558
863.100
35
8.631
0.372
t-Stat
3.65
Intercept
X₁
X₂
Questions:
1.
Write the fitted regression equation (30 points).
2. Write the estimated intercepts and slopes, associated with their corresponding standard
errors (30 points).
3. Interpret each coefficient (40 points).
Transcribed Image Text:The following is the estimation results for a multiple linear regression model: Y=B₁ + B₁X₁ + B₂X₂ + ε SUMMARY OUTPUT Regression Statistics R-Square Regression Standard Error (S) Observations Coeff StdError 1283.000 352.000 25.228 0.861 0.558 863.100 35 8.631 0.372 t-Stat 3.65 Intercept X₁ X₂ Questions: 1. Write the fitted regression equation (30 points). 2. Write the estimated intercepts and slopes, associated with their corresponding standard errors (30 points). 3. Interpret each coefficient (40 points).
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