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In the mathematical Equation of Linear Regression Y = β1 + β2X + ϵ, (β1, β2) refers to __________(a) (X-intercept, Slope)(b) (Slope, X-Intercept)(c) (Y-Intercept, Slope)(d) (slope, Y-Intercept) |
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Answer» Correct choice is (c) (Y-Intercept, Slope) To explain: Y-intercept is β1 and X-intercept is – (β1 / β2). Intercepts are defined for axis and formed when the coordinates are on the axis. |
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