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9th Edition

David R. Anderson + 4 others

Publisher: South-Western College Pub

ISBN: 9780357045435

Chapter 15.2, Problem 1E

Textbook Problem

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The estimated regression equation for a model involving two independent variables and 10 observations follows.

*ŷ* = 29.1270 + .5906*x*_{1} + .4980*x*_{2}

- a. Interpret
*b*_{1}and*b*_{2}in this estimated regression equation. - b. Predict
*y*when*x*_{1}= 180 and*x*_{2}= 310.

**a.**

To determine

Interpret

**Calculation:**

The estimated regression equation for two independent variables and for 10 observations is given as

*Multiple linear regression model:*

A multiple linear regression model is given as *k* predictor variables. The quantities

**b.**

To determine

Predict *y* when

Essentials Of Statistics For Business & Economics

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