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Chapter 9, Section 1, Exercise 002 Use the computer output to estimate the intercept BO and the slope B1. The regression equa

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Answer #1

From the given regression equation:

The intercept is: Bo = 806.277

The slope is: B1 = -2.504

The slope of the regression line indicates that the unit change in the predictor variable X results in the decrease in the predicted value of the response variable by 2.504 unit.

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