In the Graph of the Simple Linear Regression Equation, the Parameter

question 6

Multiple Choice

In the graph of the simple linear regression equation, the parameter ß₀ represents the ___________ of the true regression line.

• A)slope
• B)x-intercept
• C)y-intercept
• D)end-point

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Definitions:

Standard Deviation

An indicator that measures how much a set of data points spread out or diverge.

Z-Score

An index that quantifies how far a particular value stands from the dataset's mean, measured in units of standard deviations away from the mean.

Z-Scores

A measure that represents the number of standard deviations a data point is from the mean of the dataset.

Z-Score

A statistical metric that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations.