Multiple Choice
Assume the least squares equation is Ŷ = 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.
Correct Answer:

Verified
Correct Answer:
Verified
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