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Assume the Least Squares Equation Is = 10

Question 33

Multiple Choice

Assume the least squares equation is Assume the least squares equation is = 10 + 20X. What does the value of 10 in the equation indicate? A) When X = 0,Y = 10. B) X increases by 10 for each unit increase in Y. C) Y increases by 10 for each unit increase in X. D) It is the error of estimation. = 10 + 20X. What does the value of 10 in the equation indicate?


A) When X = 0,Y = 10.
B) X increases by 10 for each unit increase in Y.
C) Y increases by 10 for each unit increase in X.
D) It is the error of estimation.

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