In the equation Ŷ = a + (b)(X),b is the symbol for the
A)correlation coefficient.
B)regression coefficient.
C)proportionate reduction in error.
D)regression constant.

Question

Quizplus · Accepted Answer

In the equation Ŷ = a + (b)(X), b is the symbol for the regression coefficient. The regression coefficient represents the change in Y for every one-unit change in X. It indicates the degree of the linear relationship between the independent variable X and dependent variable Y.

In the Equation Ŷ = a + (B)(X),b Is the Symbol