HELP ASAP In the simple linear regression model fit to a time trend, D=botbat bo represents the trend value in peri...

Question

Question

HELP ASAP

Answer 1

Answer #1

Answer: y-intercept

b₀ represents the y-intercept

Explanation:

The general linear regression equation for time trend is given as below:

ŷ = b₀ + b₁t

Where,

b₀ = y-intercept

b₁ = slope of the trend line

t = time

Answer 2

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