A Multiple Regression Model Has the Form ŷ = B₀

question 69

Multiple Choice

A multiple regression model has the form ŷ = b₀ + b₁x₁ + b₂x₂. Which of the following best describes b₂?

• A) We estimate for each one unit increase in x₂, that y will increase by b₂ units, on average.
• B) Whilst holding x₁ constant, we estimate for each one unit increase in x₂, that y will increase by b₂ units, on average.
• C) Whilst holding x₂ constant, we estimate for each one unit increase in x₁, that y will increase by b₂ units, on average.
• D) Whilst holding x₁ constant, we estimate for each one unit increase in x₂, that y will increase by b₁ units, on average.

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