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Assume the Least Squares Equation Is Ŷ = 10

Question 34

Multiple Choice

Assume the least squares equation is Ŷ = 10 + 20X. What does the value of 10 in the equation indicate?

A) Y intercept
B) X increases by 10 for each unit increase in Y
C) Y increases by 10, for each unit increase in X
D) Error

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