In the first order linear regression model, the population parameters of the y-intercept and the slope are estimated, respectively, by:
a. b0 and b1 c. 0 and b1
b. b0 and 1 d. 0 and 1
Question 2
In the simple linear regression model, the y-intercept represents the:
a. change in y per unit change in x. c. value of y when x = 0.
b. change in x per unit change in y. d. value of x when y = 0.