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 in detail.

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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Apr 07, 2016 09:22 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

Statistics For Managers Using Microsoft Excel

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