Question: Fitting a straight line to a set of data yields the following prediction line: Y=2+5x Interpret the meaning of the y intercept, b0 Interpret the

  1. Fitting a straight line to a set of data yields the following prediction line:

Y=2+5x

  1. Interpret the meaning of the y intercept, b0
  2. Interpret the meaning of the slope, b1
  3. Predict the value of y for x= 3

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