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fiasKO [112]
2 years ago
11

Are the signs of the coefficient estimates consistent with expectations? Explain.

Business
1 answer:
kow [346]2 years ago
7 0

The sign of each coefficient indicates the direction of the relationship between a predictor variable and the response variable. A positive sign indicates that as the predictor variable increases, the response variable also increases.

What do the estimates of the regression coefficients tell us?

You may determine if each independent variable and the dependent variable have a positive or negative association by looking at the sign of a regression coefficient. A positive coefficient means that the mean of the dependent variable tends to rise when the value of the independent variable rises.

What is predictor and response variable in regression?

The risk factors and confounders are referred to as the predictors, or explanatory or independent variables, whereas the outcome variable is also known as the response or dependent variable. The independent variables are designated by "X" while the dependent variable is denoted by "Y" in regression analysis.

Learn more about predictor and response variable in regression: brainly.com/question/14144041

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