Reference no: EM13851886
Suppose we collect the following information from a large number of junior and senior level college students:
- Y = GPA in college (on a 4.0 scale)
- X1 = Percentile in high school graduating class (for example, X1= 10 means the student was in top 10% of class, X1= 90 means the student was in top 90% or bottom 10%, and so on)
- X2 = SAT score (combined Math and Verbal scores out of 1600)
When we estimate the regression we come up with the following equation:
yˆ ? 1.4 ? .014x1 ? .0015x2
Give specific interpretations for the coefficients in the model, and discuss whether or not they make sense.
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