Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 14 - Section 14.3 - Assess Your Understanding - Explaining the Concepts - Page 727: 37

Answer

It means that the explanatory variables are independent of each other. That is, a 1-unit change in one of the explanatory variables does not affect the other variables, but the response variable only. The explanatory variables $x_i$ will have an additive effect over the response variable, $y$: $y=β_0+β_1x_1+β_2x_2+...+β_kx_k$

Work Step by Step

Given above.
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