Use the following linear regression equation to answer the questions. x_1 =1.3 + 3.0x_2 - 8.3x_3+1.6x_4(a) Which variable is the response variable?

BenoguigoliB

BenoguigoliB

Answered question

2021-09-05

Use the following linear regression equation to answer the questions.
x1=1.3+3.0x28.3x3+1.6x4
(a) Which variable is the response variable?
(b) Which number is the constant term? List the coefficients with their corresponding explanatory variables.
(c) If x2=8,x3=2,andx4=6 , what is the predicted value for x1? (Use 1 decimal place)
(d) Explain how each coefficient can be thought of as a "slope" under certain conditions.

Answer & Explanation

grbavit

grbavit

Skilled2021-09-06Added 109 answers

(a)
Given,
Linear degression equation is x1=13+30x283x3+16x4
a) The response variable is x1 and Explanatory variable is x2,x3,x4
b) Constant term = 13
x2  coefficient  =30
x3  coefficient  =83
x4  coefficient  =16
c) If x2=8,x3=2andx4=6  then
x1=13+(308)(832)+(166)
x1=13+24166+96
x1=183
d) If we hold all other explanatory variables as fixed constants , then we can look at one coefficient as a "slope"

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