Consider the formula a b for the y intercept a Show that a b Explain why this means that the predicted value of the response variable is when x b Show that an alternative way of expressing the regression model is as ( ) b(x ) Interpret this formula

Question: Consider the formula a = - b for the y -intercept. a. Show that = a + b. Explain why this means that

Consider the formula a = - b for the y -intercept.
a. Show that = a + b. Explain why this means that the predicted value of the response variable is ŷ = when x = .
b. Show that an alternative way of expressing the regression model is as (ŷ - ) = b(x - ). Interpret this formula.

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a Algebraically we can manipulate the formula a y bx to become y a bx We do this simply by adding bx ... View full answer

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