Fill in the blank Given a collection of paired sample data t

Fill in the blank Given a collection of paired sample data, the ______________________y=b0+b1x algebraically describes the relationship between the two variables, x and y Given a collection of paired sample data, the y=b0+b1x algebraically describes the relationship between the two regression equation intercept of slope of probability equation

Solution

The equation y^ = bo + b1 x is called the REGRESSION EQUATION. [ANSWER]

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Note:

bo = the intercept
b1 = the slope

but the whole thing is the REGRESSION EQUATION.