Assume the Least Squares Equation Is Ŷ = 10

question 97

Multiple Choice

Assume the least squares equation is Ŷ = 10 + 20X. What does the value of 10 in the equation indicate?

• A) When X = 0, Y = 10.
• B) X increases by 10 for each unit increase in Y.
• C) Y increases by 10 for each unit increase in X.
• D) It is the error of estimation.

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