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Suppose You Determine the Estimated Sample Regression Function to Be y^i=687.513,212.97xi.\hat { y } _ { i } = 687.51 - 3,212.97 \cdot x _ { i } .

Question 13

Multiple Choice

Suppose you determine the estimated sample regression function to be y^i=687.513,212.97xi.\hat { y } _ { i } = 687.51 - 3,212.97 \cdot x _ { i } .
You would conclude that


A) yi is estimated to increase by 687.51 for every one unit increase in xi.
B) yi is estimated to increase by 3,212.97 for every one unit increase in xi.
C) yi is estimated to decrease by 3,212.97 for every one unit increase in xi.
D) y^i\hat { y } _ { i } is estimated to equal 3,212.97 when xi = 0.

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