Question: =+b. More generally, suppose that each y value in a data set consisting of n (x, y) pairs is multiplied by a conversion factor c

=+b. More generally, suppose that each y value in a data set consisting of n (x, y) pairs is multiplied by a conversion factor c (which changes the units of measurement for y).

What effect does this have on the slope b (i.e., how does the new value of b compare to the value before conversion), on the intercept

a, and on the equation of the least-squares line?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Statistics Principles And Methods Questions!