The following results were obtained from a simple regression
The following results were obtained from a simple regression analysis:
= 37.2895 - 1.2024X
r2 = .6744 sb = .2934
When X (independent variable) is equal to zero, what is the estimated value of Y (dependent variable)?
Solution
when X is zero, the estimated value of Y is: 37.2895 (same as intercept term)
