(A) Using Excel, generate a 3D graph of the following regression equation: Y#770;=5+2.6X_1-1.


Question: (A) Using Excel, generate a 3D graph of the following regression equation:

\[\hat{Y}=5+2.6{{X}_{1}}-1.6{{X}_{2}}+0.5{{X}_{1}}{{X}_{2}}\]

(B) Based on the graph, (roughly) describe how the effect of \({{X}_{1}}\) on \(\hat{Y}\) when X2 = 0 differs from the effect of \({{X}_{1}}\) on \(\hat{Y}\) when X2 = 10.

(C) What is the precise effect of a one-unit increase in X2 on \(\hat{Y}\) when X1 = 0? What is the precise effect of a one-unit increase in X2 on \(\hat{Y}\) when X1 = 7?

Price: $2.99
Answer: The solution consists of 2 pages
Deliverables: Word Document

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