Question
After running a simple linear regression of vehicles data set using the price of the vehicle as the dependent variable (y) and the mileage as
After running a simple linear regression of vehicles data set using the price of the vehicle as the dependent variable (y) and the mileage as the independent variable (x). I need help on finding the y-intercept of the model, and can the y-intercept be practically interpreted in this case (yes or no)?Using the screenshot below.
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Contemporary Business Mathematics With Canadian Applications
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
12th Edition
0135285011, 978-0135285015
