When we add a statistically significant interaction term between the independent variables x1 and x2 in a regression, what happens w None of the existing coefficients of the regression will change. O Only the intercept coefficient in the regression will change. The coefficients of x1 and x2 in the regressions will change. O Only the coefficient of one of the independent variables (x1 or x2) will change. Consider a regression of the dependent variable y on the independent variables x1 and x2. In which of the fo O The effect of x1 on y depends on the magnitude of x2. O The effect of x1 on y depends on the magnitude of y. O The effect of x1 on y is fully offset by the effect of the variable x2 on y.

College Algebra
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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
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When we add a statistically significant interaction term between the independent variables x1 and x2 in a regression, what happens with the estimated coefficients in the regression equation?
O None of the existing coefficients of the regression will change.
O Only the intercept coefficient in the regression will change.
O The coefficients of x1 and x2 in the regressions will change.
O Only the coefficient of one of the independent variables (x1 or x2) will change.
Consider a regression of the dependent variable y on the independent variables x1 and x2. In which of the following cases there is an interaction effect?
O The effect of x1 on y depends on the magnitude of x2.
O The effect of x1 on y depends on the magnitude of y.
O The effect of x1 on y is fully offset by the effect of the variable x2 on y.
O The effect of x1 on y depends on the magnitude of x1.
Transcribed Image Text:When we add a statistically significant interaction term between the independent variables x1 and x2 in a regression, what happens with the estimated coefficients in the regression equation? O None of the existing coefficients of the regression will change. O Only the intercept coefficient in the regression will change. O The coefficients of x1 and x2 in the regressions will change. O Only the coefficient of one of the independent variables (x1 or x2) will change. Consider a regression of the dependent variable y on the independent variables x1 and x2. In which of the following cases there is an interaction effect? O The effect of x1 on y depends on the magnitude of x2. O The effect of x1 on y depends on the magnitude of y. O The effect of x1 on y is fully offset by the effect of the variable x2 on y. O The effect of x1 on y depends on the magnitude of x1.
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