Consider the estimated regression line David Bourgeois Saylor Business

Question 138 / 187: Consider the estimated regression line, $$ \hat{Y_i}=5.43+3.4X_i $$. The estimated value 3.4 is best interpreted as which of the following?

A The predicted level of the dependent variable for values of the independent variable equal
to 3.4

B The predicted level of the dependent variable for values of the independent variable equal
to 8.83

C The unit increase of the dependent variable when the independent variable increases by one
unit

D The unit increase of the independent variable when the dependent variable increases by one
unit

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https://www.jobilize.com/business-statistics-by-david-bourgeois-bharatendra-rai

Business Statistics

Author:

David BourgeoisLecturer

The Saylor Academy

USA

Access: Public Instant Grading

Attribution: David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/

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