In a simple regression model, the slope (b1) represents predicted value of Y when X = 0. change in estimated Y per unit change in X. predicted value of Y. variation around the sample regression line.
SOLUTION:-
Slope (b1) represents
1).Predicted value of Y when X = 0.
2).Change in estimated Y per unit change in X
3).Predicted value of Y.
4).Variation around the sample regression line.
Option 2 is correct for the slope (b1) based on the given options.
In a simple regression model, the slope (b1) represents predicted value of Y when X =...
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