What is the interpretation of the Y intercept and the slope in the simple linear regression equation?

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What is the interpretation of the Y intercept and the slope in the simple linear regression equation? Discuss.

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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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Question Posted: Mar 29, 2016 06:54 AM

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What is the interpretation of the Y intercept and the slope in the simple linear regression equation?

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The slope of the line b 1 represents the estimated expecte...View the full answer

Basic Business Statistics Concepts And Applications

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