The terms b₀and b₁are referred to as A)population variables. B)population parameters. C)estimated population variables. D)estimated population parameters.

Question

Quizplus · Accepted Answer

The terms b₀and b₁ are values that have been estimated to represent population parameters, making choice D the correct answer. These values are not actual population variables, as they have been derived from a sample of the population, and are therefore used as estimates of the true population parameters.

The Terms B0 and B1 are Referred to as

The Terms B₀and B₁are Referred to as