In the linear trend equation, T = b₀ + b_1t, b₀ represents the _____. A) time B) slope of the trend line C) trend value in period 1 D) y-intercept

Name: In the linear trend equation, T = b 0 + b 1t , b 0 represents the _____. A) time B) slope of the trend line C) trend value in period 1 D) y-intercept
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Question

Quizplus · Accepted Answer

In the linear trend equation, $T = b_0 + b_1t$, $b_0$ represents the y-intercept, which is the value of T when time $t$ is 0. This is the starting point of the trend line on the y-axis.

In the Linear Trend Equation, T = B0 + B1t

In the Linear Trend Equation, T = B₀ + B_1t