Question: A simple linear regression (OLS fit) yields R^2 = 0. Then what will be b1 and beta1? Will b1=0 and beta1=0? Y = bo +
A simple linear regression (OLS fit) yields R^2 = 0. Then what will be b1 and beta1?
Will b1=0 and beta1=0?
Y = bo + b1 X is the regression line. r is correlation between X and Y.
b1 is the slope of the sample data and beta1 is the slope of the population.
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