5. Be careful in interpreting the value of the slope and intercept in the least-squares line. In...

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5. Be careful in interpreting the value of the slope and intercept in the least-squares line. In particular, in many instances interpreting the intercept as the value of y that would be predicted when x 5 0 is equivalent to extrapolating way beyond the range of the x values in the data set, and this should be avoided unless x 5 0 is within the range of the data.

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Introduction To Statistics And Data Analysis

ISBN: 9781305445963

5th Edition

Authors: Roxy Peck, Chris Olsen, Jay L Devore

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