   Chapter 14.6, Problem 2LC Essentials of Statistics for the B...

8th Edition
Frederick J Gravetter + 1 other
ISBN: 9781133956570

Solutions

Chapter
Section Essentials of Statistics for the B...

8th Edition
Frederick J Gravetter + 1 other
ISBN: 9781133956570
Textbook Problem

For the linear equation, Y = – 3X + 7. what happens to the value of Y each time X is increased by 1 point?

To determine
The effect of increase of value of X by 1 point on Y through the equation Y=3X+7.

Explanation

Given info:

The linear equation of X and Y is Y=3X+7.

Calculation:

Simple linear regression:

The Simple linear regression is a statistical method that is used to the study relationships between two continuous (quantitative) variables: One variable x, is denoted as the predictor or explanatory or independent variable and the variable y is denoted as the dependent variable and response variable.

Linear equation form is Y=aX+b.

Where b is constant and the form aX varies with the value of X

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