Consider the sample regression equation that predicts the calorie content in a hamburger (in cals) using the fat content (in grams) yi = 310+14.4 (fati) + ei Which of the following statements is correct regarding the estimated equation?   a)  a.   the equation is expressing a non-linear relationship between fat and calories   b)  b.   a hamburger with 310 calories has zero fat content      c)  c.   a hamburger’s calorie content rises by about 14.4 grams for every additional gram of fat   d)  d.   the ei is called the stochastic error term, and is a representation of those factors that cause fat content that the regression is not accounting for

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Consider the sample regression equation that predicts the calorie content in a hamburger (in cals) using the fat content (in grams)

yi = 310+14.4 (fati) + ei

Which of the following statements is correct regarding the estimated equation?

 

a) 

a.   the equation is expressing a non-linear relationship between fat and calories

 

b) 

b.   a hamburger with 310 calories has zero fat content   

 

c) 

c.   a hamburger’s calorie content rises by about 14.4 grams for every additional gram of fat

 

d) 

d.   the eis called the stochastic error term, and is a representation of those factors that cause fat content that the regression is not accounting for  

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