In the mathematical Equation of Linear Regression Y = β1 + β2X + ϵ, (β1, β2) refers to __________
In the mathematical Equation of Linear Regression Y = β1 + β2X + ϵ, (β1, β2) refers to __________ Correct Answer (Y-Intercept, Slope)
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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Feb 20, 2025