. The estimate regression equation for a model involving two independent variables and 10 observations follows.y = 29.1270 + 0.5906x1 + 0.4980x2a. Interpret b1 and b2b. Estimate y when x1 = 180 and x2 = 310

Respuesta :

Answer:

b) y = 289.815 when [tex]x_1 = 180 \text{ and } x_2 = 310[/tex]

Step-by-step explanation:

We are given the following information in the question:

[tex]y = 29.1270 + 0.5906x_1 + 0.4980x_2[/tex]

where y is the dependent variable,

[tex]x_1, x_2[/tex] are the independent variable.

The multiple regression equation is of the form:

[tex]y = b_0 + b_1x_1 + b_2x_2[/tex]

where,

[tex]b_0[/tex]: is the intercept of the equation and is the value of dependent variable when all the independent variable are zero.

[tex]b_1[/tex]: It is the slope coefficient of the independent variable [tex]x_1[/tex].

[tex]b_2[/tex]: It is the slope coefficient of the independent variable [tex]x_2[/tex].

  • The regression coefficient in multiple regression is the slope of the linear relationship between the dependent and the part of a predictor variable that is independent of all other predictor variables.

Comparing the equations, we get:

[tex]b_1 = 0.5906\\b_2 = 0.4980[/tex]

  • This means holding [tex]x_2[/tex] constant, a change of one in [tex]x_1[/tex] is associated with a change of 0.5906 in the dependent variable.
  • This means holding [tex]x_1[/tex] constant, a change of 1 in [tex]x_2[/tex] is associated with a change of 0.4980 in the dependent variable.

b) We have to estimate the value of y

[tex]y = 29.1270 + 0.5906(180) + 0.4980(310) = 289.815[/tex]