a. Explain the difference between the line y = α + βx and the line b. Explain the dif...

a. Explain the difference between the line y = α + βx and the line

b. Explain the difference between β and b.

c. Let x* denote a particular value of the independent variable. Explain the difference between α+βx* and a + bx*. d. Explain the difference between s and s_e.