In a simple linear regression, the following sample regression equation is obtained: yˆ=447−29x.y^=447−29x. a. Interpret the slope coefficient. As x increases by 1 unit, y is predicted to decrease by 29 units. As x increases by 1 unit, y is predicted to increase by 29 units. As x increases by 1 unit, y is predicted to decrease by 447 units. As x increases by 1 unit, y is predicted to increase by 447 units. b. Predict y if x equals −16.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
icon
Related questions
icon
Concept explainers
Topic Video
Question

In a simple linear regression, the following sample regression equation is obtained:

yˆ=447−29x.y^=447−29x.

a. Interpret the slope coefficient.

  • As x increases by 1 unit, y is predicted to decrease by 29 units.
  • As x increases by 1 unit, y is predicted to increase by 29 units.
  • As x increases by 1 unit, y is predicted to decrease by 447 units.
  • As x increases by 1 unit, y is predicted to increase by 447 units.



b. Predict y if x equals −16.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Centre, Spread, and Shape of a Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning