Below you are given a partial computer output from a multiple regression analysis based on a...

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Below you are given a partial computer output from a multiple regression analysis based on a sample of 16 observations. Coeff

The interpretation of the coefficient of Xi is that O a one unit increase in xy will lead to a 3.682 unit decrease in y when

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Answer 1

Answer #1

Answer is option A.

The value of coefficient of x1 is given as -3.682. -ve sign means, as the value of x1 increases, the value of y decreases. When we are trying to see the change in y w.r.t x1, all other variables should be held constant.

So, it means that a one uint increase in x1 will lead to a 3.682 unit decrease in y when all other varibales are held constant.

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Answer 2

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