In a regression model with one independent variable X, the intercept or constant

Question

In a regression model with one independent variable X, the intercept or constant (b0) represents the ( ), the slope coefficient (b1) represents the ( )

A) predicted value of the dependent variable Y when the X = 0.

B) estimated average per unit change in the dependent variable for every unit change in X.

C) predicted or fitted value of dependent variable.

D) Average variation around the sample regression line. 2. In a regression model with one independent variable X, the slope coefficient (b1) represents the

Explanation / Answer

In a regression model with one independent variable X, the intercept or constant (b0) represents B) estimated average per unit change in the dependent variable for every unit change in X.

The slope coefficient (b1) represents A) predicted value of the dependent variable Y when the X = 0.

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