In the simple linear regression model Yi = β0 + β1Xi + ui,
A)the intercept is typically small and unimportant.
B)β0 + β1Xi represents the population regression function.
C)the absolute value of the slope is typically between 0 and 1.
D)β0 + β1Xi represents the sample regression function.

Question

Quizplus · Accepted Answer

β0 + β1Xi represents the population regression function, which is the expected value of Y for a given value of X in the population.

In the Simple Linear Regression Model Yi = β0