Interpret the intercept and slope of the OLS regression line.

Problem Set #3 Information about an association between two interval-ratio variables is presented below. The association is between "the hours of screen time per day" (Y) and "years of schooling" (X). A measure of the overall association is given as well as the specific components of the OLS model. The OLS model estimates the effect of education (X) on the hours of screen time per day (Y) Association between X and Y Estimate -0.229 OLS Model Components Estimate Constant (a) 5.575 Education Slope (b) -0.196