Multiple choices based on regression equation

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Reference no: EM1322366

1. In the regression equation, what does the letter "b" represent?

a. Y intercepts
b. Slope of the line
c. Any value of the independent variable that is selected
d. Value of Y when X-0
e. None of the above

2. Suppose the least squares regression equation is Y' = 1,202 + 1,133X. When X = 3, what does Y' equal?

a. 5,734
b. 8,000
c. 4,601
d. 4,050
e. None of the above

3. What is the general form of the regression equation?

a. Y' = ab
b. Y' = a + bX
c. Y' = a - bX

Reference no: EM1322366

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