The Y-intercept (b₀) represents the A) change in estimated average Y per unit change in X. B) predicted value of Y. C) predicted value of Y when X = 0. D) variation around the sample regression line.

Question

Quizplus · Accepted Answer

The Y-intercept (b0) represents the predicted value of Y when X = 0. This is because, in the regression equation (Y = b0 + b1X), when X is equal to zero, the equation simplifies to Y = b0. Therefore, b0 represents the Y value at the point where the regression line intersects with the Y-axis.

The Y-Intercept (B0) Represents the

The Y-Intercept (B₀) Represents the