Question: The linear regression model postulates that; Y = b + mX + e. In this equation, b stands for: the y-intercept. A random variable with

  1. The linear regression model postulates that; Y = b + mX + e. In this equation, b stands for:
  1. the y-intercept.
  2. A random variable with a mean of zero.
  3. the number of claims.
  4. the dollar amount per claim.
  5. the slope.

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