Asked by Yuzuna Tanaka on Jul 06, 2024
Verified
What do we call the point at which the regression line crosses the y-axis?
A) the intercept
B) the predicted point
C) the criterion point
D) the slope
Regression Line
A line through a scatter plot of data points that best expresses the relationship between those points, often used in predictive analytics.
The Intercept
In the context of linear regression, it represents the value of the dependent variable when all independent variables are zero.
Predicted Point
An estimated value derived from a statistical model indicating where a data point should fall based on the model's parameters.
- Familiarize yourself with the symbols and nomenclature utilized in regression analysis, like the y-intercept, slope, along with independent and dependent variables.
Verified Answer
Learning Objectives
- Familiarize yourself with the symbols and nomenclature utilized in regression analysis, like the y-intercept, slope, along with independent and dependent variables.
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