The following results were obtained from a simple regression
The following results were obtained from a simple regression analysis:
= 37.2895 - 1.2024X
r2 = .6744 sb = .2934
For each unit change in X (independent variable), what is the estimated change in Y (dependent variable)?
Solution
estimated change is - 1.2024 i.e, Y is expected to decrease by 1.2024 (same as slope term)
