For the Multiple Regression Model $\hat{ Y }$ = 3 - 4x₁ + 5x₂ + 2x₃,a Unit Increase

question 46

Multiple Choice

For the multiple regression model $\hat{ Y }$ = 3 - 4x₁ + 5x₂ + 2x₃,a unit increase in x₁,holding x₂ and x₃ constant,results in:

• A) an increase of 4 units in the value of y.
• B) a decrease of 4 units in the value of y.
• C) a decrease of 4 units,on average,in the value of y.
• D) an increase of 6 units in the value of y.

---

Definitions:

Account Form

A way of presenting a balance sheet where assets are on one side and liabilities and equity are on the other.

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders’ equity at a specific point in time.

Liabilities

Financial obligations or debts that an entity owes to other parties, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Office Supplies Expense

This refers to the cost associated with consumable supplies used within an office setting, such as pens, paper, and toner.