Y x1 x2 10 1 16
11 5 11
15 5 14
15 9 11
20 7 1
23 11 8
27 16 7
32 21 3

a. Using technology, construct a multiple regression model with the given data.
b. Interpret the meaning of the values for b1 and b2.

ŷ = 0.964X1 - 0.336X2 + 13.066

b1 = 0.964 which is the unit change in the value of y when x1 changes.

b2 = - 0.336 which is the unit change in the value of y when x2 changes

Step-by-step explanation:

Y

10

11

15

15

20

23

27

32

X1

1

5

5

9

7

11

16

21

X2

16

11

14

11

1

8

7

3

The general form of a multiple regression equation is in form:

ŷ = b1x1 + b2x2 + c

Where,

ŷ = predicted or dependent variable

b1 and b2 = slope or gradient Coefficient for the independent or predictor variables x1 and X2 respectively.

c = intercept (constant)

Using the online multiple regression calculator, the model obtained by Inputting the values is written below:

ŷ = 0.964X1 - 0.336X2 + 13.066

Value of b1 = 0.964 which is the unit change in the value of y when x1 changes.

Value b2 = - 0.336 which is the unit change in the value of y when x2 changes

hopefully this helps you and gives you insight in how to solve the problems from now on (:

= $11.8 + (2012-1997)([$11.8-$7.4][1997-1990])

= $11.8 + 5 ($4.4/7)

= $11.8 4/5 + $22/7

= $59/5 + $22/7

= $413/35 + $110/35

= $523/35 or $14 33/35

answer : SALES IN 2012 WOULD BE $14 33/35 BILLION OR $14.9 3/7