In the simple linear regression model the regression slope O

In the simple linear regression model, the regression slope: O A, indicates by how many units Y increases, given a one-unit increase in X. O B. represents the elasticity of Y on X 0 C, when multiplied with the explanatory variable will give you the predicted Y. D. indicates by how many percent Y increases, given a one percent increase in X.

Solution

indicates by how many units Y increases, given a one unit increase in X.

the above option A is the answer

because this only involves one dependent and one independent variable.

 In the simple linear regression model, the regression slope: O A, indicates by how many units Y increases, given a one-unit increase in X. O B. represents the

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site