Question 11 (1 point) Exhibit 15-5 Below you are given a partial Minitab output

Question

Question 11 (1 point)

Exhibit 15-5
Below you are given a partial Minitab output based on a sample of 25 observations.

Coefficient

Standard Error

145.321

48.682

25.625

9.150

-5.720

3.575

0.823

0.183

Refer to Exhibit 15-5. The interpretation of the coefficient on X1 is thatQuestion 11 options:

a one unit change in X1 will lead to a 25.625 unit change in Y

a one unit change in X1 will lead to a 25.625 unit increase in Y when all other variables are held constant

a one unit change in X1 will lead to a 25.625 unit increase in X2 when all other variables are held constant

It is impossible to interpret the coefficient.

Coefficient

Standard Error

145.321

48.682

25.625

9.150

-5.720

3.575

0.823

0.183

Explanation / Answer

option B) is correct

a one unit change in X1 will lead to a 25.625 unit increase in Y when all other variables are held constant

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