Ask Question
4 July, 14:58

In a multiple regression problem involving two independent variables, if b0 is computed to be + 2.0, it means that:

a) the relationship between X1 and Y is significant.

b) the estimated average of Y increases by 2 units for each increase of 1 unit of X1, holding X2 constant.

c) the estimated average of Y increases by 2 units for each increase of 1 unit of X1, without regard to X2.

d) the estimated average of Y is 2 when X1 and X2 equals zero.

+1
Answers (1)
  1. 4 July, 18:25
    0
    d) the estimated average of Y is 2 when X1 and X2 equals zero.

    Step-by-step explanation:

    Hello!

    The multiple regression model with two independent variables is:

    Y = β₀ + β₁X₁i + β₂X₂ + εi

    Where

    β₀ is where Y intercepts the line, in terms of the regression, is the value of the population mean of the dependent variable when X₁ and X₂ are cero.

    β₁ is the slope of the variable X₁, in terms of the regression, is the change that suffers the population mean when X₁ increases one unit and X₂ remains constant.

    β₂ is the slope of the variable X₂, in terms of the regression, is the change that suffers the population mean when X₂ increases one unit and X₁ remains constant.

    When you calculate the estimated plane for the multiple regression you have tree estimators for each βi, were:

    Y = b₀ + b₁ X₁ + b₂ X₂

    b₀ estimates β₀

    b₁ estimates β₁

    b₂ estimates β₂

    interpreted in colloquial language b₀ is the value of the sample mean of Y when X₁ and X₂ are cero.

    With this in mind, the correct answer is d.

    I hope you have a SUPER day!
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a multiple regression problem involving two independent variables, if b0 is computed to be + 2.0, it means that: a) the relationship ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers