STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the regression equation y = bo+ b1x, bo is the;
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slope of the line
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independent variable
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y intercept
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coefficient of determination
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Explanation:
Detailed explanation-1: -B1 and Bo are the parameters or unknowns in the line. Bo is the y-intercept, the value of y when x=0. B1 is the slope or how y changes per unit increase in x.
Detailed explanation-2: -A linear regression line has an equation of the form Y = a + bX, where X is the explanatory variable and Y is the dependent variable. The slope of the line is b, and a is the intercept (the value of y when x = 0).
Detailed explanation-3: -Given equation: b0 represents the intercept. Therefore: The correct option is b) slope of the regression line b) slope of the regression line .
There is 1 question to complete.