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Use the Following Information for Questions:
the Simple Linear y^\hat{y}

Question 1

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Use the following information for questions:
The simple linear regression equation can be written as y^\hat{y} = b0b_{0} + b1x b_{1}x
-In the simple linear regression equation, b1 b_{1} represents the slope of the regression line. Which of the following gives the best interpretation of the slope?


A) It is an estimate of the average value of y at any specified value of x.
B) It indicates how much of a change there is for the predicted or average value of y when x increases by one unit.
C) It is the value of y, when x = 0.
D) It is the value of x, when y = 0.

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