The regression line of Y on X is given as Y=a+bx. What does the b represent?
The regression line of Y on X is given as Y=a+bx. What does the b represent?
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May 9
The b in the regression line Y=a+bx represents the slope of the line, which indicates the rate of change in Y for a one-unit change in X. In other words, b represents the amount by which Y changes for every one unit increase in X.