The slope b₁ of the least squares line $\tilde { y } = b _ { 0 } + b _ { 1 } x$ represents the: A)predicted value of Y when X = 0. B)estimated average change in Y per unit change in X. C)predicted value of Y. D)variation around the regression line.

Question

Quizplus · Accepted Answer

The slope b1 of the least squares line y = b0 + b1x represents the estimated average change in Y per unit change in X.

The Slope B1 of the Least Squares Line y~=b0+b1x\tilde { y } = b _ { 0 } + b _ { 1 } xy~​=b0​+b1​x

The Slope B₁ of the Least Squares Line $\tilde { y } = b _ { 0 } + b _ { 1 } x$