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Say the simple linear regression model produces the equation y = 17.23+4.5x .  What is the interpretation...

  1. Say the simple linear regression model produces the equation y = 17.23+4.5x .  What is the interpretation of the slope?
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Answer #1

the slope= -4.5 , of given regression line tells us that for one unit increase in independent variable(x) , on average response variable(y) decrease by 4.5 units

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