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In the Model Y = β\beta 0 β\beta 1x ε\varepsilon , the Predicted Value Is = B0 + B1x

Question 38

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In the model y = β\beta 0 + β\beta 1x + ε\varepsilon , the predicted value is  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. = b0 + b1x. What is the impact of the estimated slope coefficient?  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit.


A) b1 measures the approximate change in  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1 unit.
B) b1 × 0.01 measures the approximate change in  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1%.
C) b1 measures the approximate change in  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1%.
D) b1 × 100 measures the approximate change in  In the model y =  \beta <sub>0 </sub>+  \beta <sub>1</sub>x +  \varepsilon , the predicted value is   = b<sub>0</sub> + b<sub>1</sub>x. What is the impact of the estimated slope coefficient?   A)  b1<sub> </sub>measures the approximate change in   when x increases by 1 unit. B)  b<sub>1 </sub>× 0.01 measures the approximate change in   when x increases by 1%. C)  b1<sub> </sub>measures the approximate change in   when x increases by 1%. D)  b<sub>1 </sub>× 100 measures the approximate change in   when x increases by 1 unit. when x increases by 1 unit.

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