Asked by Maggie Desmond on May 01, 2024
Verified
Suppose that the sample regression equation of a model is .If we examine the relationship between y and x2 for x1 = 1,2,and 3,we observe that the three equations produced not only differ in the intercept term,but the coefficient of x2 also varies.
Sample Regression Equation
An equation that estimates the relationship between the dependent variable and one or more independent variables based on sample data.
Intercept Term
A constant term in a regression equation that represents the expected value of the dependent variable when all independent variables are zero.
Coefficient
A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression.
- Understand the concept of simple linear regression models and their attributes.
Verified Answer
Learning Objectives
- Understand the concept of simple linear regression models and their attributes.
Related questions
What Is the Difference Between a Simple Linear Regression Model ...
To Create a Deterministic Model,we Start with a Probabilistic Model ...
The Statistical Model for Linear Regression Can Be Expressed as ...
What Is the Major Difference Between a Simple Linear Regression ...
The Symbol for the Population Coefficient of Correlation Is