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For the Regression Line $\hat{y}$ = B₀ + B₁ X, Explain What the Values B₀

Question 51

Question 51

Essay

For the regression line $\hat{y}$ = b₀ + b₁ x, explain what the values b₀ and b₁ represent.

Correct Answer:

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The term b₀ is the estimated intercept fo...

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