Question: 13.33.* Using the graphical representation in Figure 13.10, explain why y i = yi + b( x xi), where b is the estimated slope.
13.33.* Using the graphical representation in Figure 13.10, explain why y
i
= yi
+ b( ¯x − ¯xi), where b is the estimated slope. So, when b > 0, yi is adjusted upward if ¯x > ¯xi and adjusted downward if ¯xi < ¯x.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
