Is economic growth in the developing world related to growth in theindustrializedcountries?The output of a regression analysis that related growth(in % of Gross DomesticProduct) of the developing countries (y) to the growth of developed countries (x) from 1980 to 2017 is given as:

y = 3.14+0.489x

What is the meaning of the intercept of this linear regression model?

1. The intercept is the predicted growth of developed countries in years of 0 growth in developing countries.
2. The intercept is the predicted growth of developing countries at year 0.
3. The intercept has no meaning as the growth of the developed countries cannot be close to zero.
4. The intercept is the predicted growth of developing countries in years of 0 growth in developed countries.