the function Y=?1+?2X+u is an example of
A)non linear regression model
B)linear regression model
C)quadratic regression model
D)none of the above

Question

Quizplus · Accepted Answer

The function Y = β1 + β2X + u is an example of a linear regression model because it describes a linear relationship between the dependent variable Y and the independent variable X, where β1 is the intercept, β2 is the slope, and u is the error term.

The Function Y=?1+?2X+u Is an Example of