If ho b1 0 is not rejected what is the best estimate for

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Reference no: EM13609186

If Ho: B1 = 0 is not rejected, what is the best estimate for the value of the response variable for any value of the explanatory variable?

1. There is no way to estimate the value of the response variable

2. The best estimate is the sample mean of y

3. The best estimate is the mode of the sample y values

Reference no: EM13609186

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