In the simple linear regression model, the point estimate and the point prediction are identical for a particular value of x.

Question

Quizplus · Accepted Answer

In simple linear regression, the point estimate is the estimated value of the y variable (the dependent variable) for a given value of x (the independent variable), whereas the point prediction is the specific predicted value of y for that same value of x. Since the point estimate and the point prediction are both calculated using the same regression equation, they would be equal for any given value of x.

In the Simple Linear Regression Model, the Point Estimate and the Point