The terms b₀ and b₁ are referred to as A) population variables. B) population parameters. C) estimated population variables. D) estimated population parameters.

Question

Quizplus · Accepted Answer

These terms contain "estimated" population variables, as they refer to data that has been calculated and estimated from a sample, rather than directly observed from the entire population. Therefore, they are considered estimated population parameters.

The Terms B0 and B1 Are Referred to as

The Terms B₀ and B₁ Are Referred to as