Exhibit 14-5
The following information regarding a dependent variable (Y) and an independent variable (X) is provided.
-Refer to Exhibit 14-5. The least squares estimate of the Y intercept is
A)1
B)0
C)-1

Question

Exhibit 14-5
The following information regarding a dependent variable (Y) and an independent variable (X) is provided. 
-Refer to Exhibit 14-5. The least squares estimate of the Y intercept is
A)1 
B)0 
C)-1

Quizplus · Accepted Answer

The Y intercept is the value of Y when X=0. In this case, when X=0, Y=0. Therefore, the least squares estimate of the Y intercept is 0.

Exhibit 14-5 the Following Information Regarding a Dependent Variable (Y) and an and an Independent