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For the Following Multiple Regression Model y~=23x1+4x2+5x3\tilde { y } = 2 - 3 x _ { 1 } + 4 x _ { 2 } + 5 x _ { 3 }

Question 7

Multiple Choice

For the following multiple regression model: y~=23x1+4x2+5x3\tilde { y } = 2 - 3 x _ { 1 } + 4 x _ { 2 } + 5 x _ { 3 } ,a unit increase in x1,holding x2 and x3 constant,results in:


A) a decrease of 3 units on average in the value of y.
B) an increase of 8 units in the value of y.
C) an increase of 3 units on average in the value of y.
D) None of these choices.

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