How to interpret regression equation?












1












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I am trying to understand how to interpret the regression line given:



$y = -5.18 + 1.94x$ (regression line)



where $y$ is number of cold drinks sold and where $x$ is temperature



Interpret values of $a$ and $b$ in context



Interpreting $a$ in context




  • To interpret $a$, I substituted $x$ (temp) as $0$.

  • This tells me that $y$ (cold drinks sold) is $-5.18$. Therefore, we can interpret that when the temperature is $0$ degrees, the number of cold drinks sold is $-5.18$ (But this is impossible?)


How would I interpret $b$ in context as well?










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  • $begingroup$
    Could someone also tell me how to type in maths symbols?
    $endgroup$
    – Newbie101
    Dec 13 '18 at 21:57










  • $begingroup$
    MathJax basic tutorial and quick reference
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    – Alex Vong
    Dec 13 '18 at 22:00










  • $begingroup$
    what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
    $endgroup$
    – zwim
    Dec 13 '18 at 22:24










  • $begingroup$
    zwim yes can confirm
    $endgroup$
    – Newbie101
    Dec 13 '18 at 22:29










  • $begingroup$
    Possible duplicate: math.stackexchange.com/questions/3012843/…
    $endgroup$
    – Ethan Bolker
    Dec 14 '18 at 1:18
















1












$begingroup$


I am trying to understand how to interpret the regression line given:



$y = -5.18 + 1.94x$ (regression line)



where $y$ is number of cold drinks sold and where $x$ is temperature



Interpret values of $a$ and $b$ in context



Interpreting $a$ in context




  • To interpret $a$, I substituted $x$ (temp) as $0$.

  • This tells me that $y$ (cold drinks sold) is $-5.18$. Therefore, we can interpret that when the temperature is $0$ degrees, the number of cold drinks sold is $-5.18$ (But this is impossible?)


How would I interpret $b$ in context as well?










share|cite|improve this question











$endgroup$












  • $begingroup$
    Could someone also tell me how to type in maths symbols?
    $endgroup$
    – Newbie101
    Dec 13 '18 at 21:57










  • $begingroup$
    MathJax basic tutorial and quick reference
    $endgroup$
    – Alex Vong
    Dec 13 '18 at 22:00










  • $begingroup$
    what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
    $endgroup$
    – zwim
    Dec 13 '18 at 22:24










  • $begingroup$
    zwim yes can confirm
    $endgroup$
    – Newbie101
    Dec 13 '18 at 22:29










  • $begingroup$
    Possible duplicate: math.stackexchange.com/questions/3012843/…
    $endgroup$
    – Ethan Bolker
    Dec 14 '18 at 1:18














1












1








1





$begingroup$


I am trying to understand how to interpret the regression line given:



$y = -5.18 + 1.94x$ (regression line)



where $y$ is number of cold drinks sold and where $x$ is temperature



Interpret values of $a$ and $b$ in context



Interpreting $a$ in context




  • To interpret $a$, I substituted $x$ (temp) as $0$.

  • This tells me that $y$ (cold drinks sold) is $-5.18$. Therefore, we can interpret that when the temperature is $0$ degrees, the number of cold drinks sold is $-5.18$ (But this is impossible?)


How would I interpret $b$ in context as well?










share|cite|improve this question











$endgroup$




I am trying to understand how to interpret the regression line given:



$y = -5.18 + 1.94x$ (regression line)



where $y$ is number of cold drinks sold and where $x$ is temperature



Interpret values of $a$ and $b$ in context



Interpreting $a$ in context




  • To interpret $a$, I substituted $x$ (temp) as $0$.

  • This tells me that $y$ (cold drinks sold) is $-5.18$. Therefore, we can interpret that when the temperature is $0$ degrees, the number of cold drinks sold is $-5.18$ (But this is impossible?)


How would I interpret $b$ in context as well?







statistics linear-regression






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share|cite|improve this question













share|cite|improve this question




share|cite|improve this question








edited Dec 13 '18 at 21:56









Alex Vong

1,342819




1,342819










asked Dec 13 '18 at 21:47









Newbie101Newbie101

154




154












  • $begingroup$
    Could someone also tell me how to type in maths symbols?
    $endgroup$
    – Newbie101
    Dec 13 '18 at 21:57










  • $begingroup$
    MathJax basic tutorial and quick reference
    $endgroup$
    – Alex Vong
    Dec 13 '18 at 22:00










  • $begingroup$
    what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
    $endgroup$
    – zwim
    Dec 13 '18 at 22:24










  • $begingroup$
    zwim yes can confirm
    $endgroup$
    – Newbie101
    Dec 13 '18 at 22:29










  • $begingroup$
    Possible duplicate: math.stackexchange.com/questions/3012843/…
    $endgroup$
    – Ethan Bolker
    Dec 14 '18 at 1:18


















  • $begingroup$
    Could someone also tell me how to type in maths symbols?
    $endgroup$
    – Newbie101
    Dec 13 '18 at 21:57










  • $begingroup$
    MathJax basic tutorial and quick reference
    $endgroup$
    – Alex Vong
    Dec 13 '18 at 22:00










  • $begingroup$
    what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
    $endgroup$
    – zwim
    Dec 13 '18 at 22:24










  • $begingroup$
    zwim yes can confirm
    $endgroup$
    – Newbie101
    Dec 13 '18 at 22:29










  • $begingroup$
    Possible duplicate: math.stackexchange.com/questions/3012843/…
    $endgroup$
    – Ethan Bolker
    Dec 14 '18 at 1:18
















$begingroup$
Could someone also tell me how to type in maths symbols?
$endgroup$
– Newbie101
Dec 13 '18 at 21:57




$begingroup$
Could someone also tell me how to type in maths symbols?
$endgroup$
– Newbie101
Dec 13 '18 at 21:57












$begingroup$
MathJax basic tutorial and quick reference
$endgroup$
– Alex Vong
Dec 13 '18 at 22:00




$begingroup$
MathJax basic tutorial and quick reference
$endgroup$
– Alex Vong
Dec 13 '18 at 22:00












$begingroup$
what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
$endgroup$
– zwim
Dec 13 '18 at 22:24




$begingroup$
what are $a$ and $b$ ? It seems it is $y=a+bx$ with $a=-5.18. Can you confirm ?
$endgroup$
– zwim
Dec 13 '18 at 22:24












$begingroup$
zwim yes can confirm
$endgroup$
– Newbie101
Dec 13 '18 at 22:29




$begingroup$
zwim yes can confirm
$endgroup$
– Newbie101
Dec 13 '18 at 22:29












$begingroup$
Possible duplicate: math.stackexchange.com/questions/3012843/…
$endgroup$
– Ethan Bolker
Dec 14 '18 at 1:18




$begingroup$
Possible duplicate: math.stackexchange.com/questions/3012843/…
$endgroup$
– Ethan Bolker
Dec 14 '18 at 1:18










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The intercept term not always has a logical meaning. In your case, the intercept either insignificant (i.e., does not differ from zero in high enough probability) or "extrapolated" (i.e., you did not had measures with temperature in the vicinity of $0$, hence the intercept is just an out of data prediction for $x=0$).



Regarding $b$ - it is the derivative of the model w.r.t to $x$, namely for a change (increase) in the temperature in $1$ unit, the number of sold cold drinks changes (increases), on average, by $1.96$ units (of drinks).






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    $begingroup$

    The intercept term not always has a logical meaning. In your case, the intercept either insignificant (i.e., does not differ from zero in high enough probability) or "extrapolated" (i.e., you did not had measures with temperature in the vicinity of $0$, hence the intercept is just an out of data prediction for $x=0$).



    Regarding $b$ - it is the derivative of the model w.r.t to $x$, namely for a change (increase) in the temperature in $1$ unit, the number of sold cold drinks changes (increases), on average, by $1.96$ units (of drinks).






    share|cite|improve this answer









    $endgroup$


















      0












      $begingroup$

      The intercept term not always has a logical meaning. In your case, the intercept either insignificant (i.e., does not differ from zero in high enough probability) or "extrapolated" (i.e., you did not had measures with temperature in the vicinity of $0$, hence the intercept is just an out of data prediction for $x=0$).



      Regarding $b$ - it is the derivative of the model w.r.t to $x$, namely for a change (increase) in the temperature in $1$ unit, the number of sold cold drinks changes (increases), on average, by $1.96$ units (of drinks).






      share|cite|improve this answer









      $endgroup$
















        0












        0








        0





        $begingroup$

        The intercept term not always has a logical meaning. In your case, the intercept either insignificant (i.e., does not differ from zero in high enough probability) or "extrapolated" (i.e., you did not had measures with temperature in the vicinity of $0$, hence the intercept is just an out of data prediction for $x=0$).



        Regarding $b$ - it is the derivative of the model w.r.t to $x$, namely for a change (increase) in the temperature in $1$ unit, the number of sold cold drinks changes (increases), on average, by $1.96$ units (of drinks).






        share|cite|improve this answer









        $endgroup$



        The intercept term not always has a logical meaning. In your case, the intercept either insignificant (i.e., does not differ from zero in high enough probability) or "extrapolated" (i.e., you did not had measures with temperature in the vicinity of $0$, hence the intercept is just an out of data prediction for $x=0$).



        Regarding $b$ - it is the derivative of the model w.r.t to $x$, namely for a change (increase) in the temperature in $1$ unit, the number of sold cold drinks changes (increases), on average, by $1.96$ units (of drinks).







        share|cite|improve this answer












        share|cite|improve this answer



        share|cite|improve this answer










        answered Dec 14 '18 at 1:01









        V. VancakV. Vancak

        11.4k3926




        11.4k3926






























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