Which of the Following Statements Is True Regarding the Simple $y _ { i } = \beta _ { 0 } + \beta _ { 1 } x _ { i } + \epsilon _ { 1 } ?$

question 26

Multiple Choice

Which of the following statements is true regarding the simple linear regression model $y _ { i } = \beta _ { 0 } + \beta _ { 1 } x _ { i } + \epsilon _ { 1 } ?$

• A) is a value of the dependent variable (y) and x_i is a value of the independent variable (x).
• B) \(\beta\)₀ is the y-intercept of the regression line.
• C) \(\beta\)₁ is the slope of the regression line.
• D) \(\epsilon\)₁ is a random error,or residual.
• E) All of the above are true statements.

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