In the simple linear regression model, the slope represents the average change in x per unit change in y. It also represents the value of y when x = 0 and the value of x when y = 0. The slope can be interpreted as the average change in y per unit change in x.
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"In the simple linear regression model; the slope represents the average change in x per unit change in y." This statement is incorrect. The slope represents the average change in y per unit change in x. Show more…
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