What is the generic interpretation of a slope coefficient (i.e., b1 or b2) for a multiple regression?
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Expert's answer
2012-04-26T11:00:22-0400
A line in a two dimensional or two-variable space is defined by the equation Y=a+b*X; in full text: the Y variable can be expressed in terms of a constant (a) and a slope (b) times the X variable. The constant is also referred to as the intercept, and the slope as the regression coefficient or B coefficient.
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