In a model Y=β0+β1X1+β2X2+ϵY = \beta_0 + \beta_1 X_1 + \beta_2 X_2 + \epsilonY=β0+β1X1+β2X2+ϵ, what does the coefficient β1\beta_1β1 represent?
The change in YYY for a unit change in X1X_1X1 when X2X_2X2 is zero.
The change in YYY for a unit change in X1X_1X1 holding X2X_2X2 constant.
The correlation between YYY and X1X_1X1.
The total effect of X1X_1X1 on YYY regardless of X2X_2X2.