Assume the least squares equation is = 10 + 20X.What does the value of 10 in the equation indicate?
A)Y intercept
B)For each unit increased in Y,X increases by 10
C)For each unit increased in X,Y increases by 10
D)None of these

Question

Assume the least squares equation is  = 10 + 20X.What does the value of 10 in the equation indicate?
A)Y intercept 
B)For each unit increased in Y,X increases by 10 
C)For each unit increased in X,Y increases by 10 
D)None of these

Quizplus · Accepted Answer

The value of 10 in the equation represents the y-intercept, which is the point where the line crosses the y-axis when x is equal to zero.

Assume the Least Squares Equation Is = 10