Skip to main contentSkip to solution

In the equation of trend line yt=a+bxy_t = a + bx, a and b represent :

Solution

✅ Correct Option: 1

In a trend line yt=a+bxy_t = a + bx (with deviations chosen so ∑x=0\sum x = 0), a=yˉa = \bar{y} (intercept) and bb is the slope.

So aa is mean of yy and bb is slope of trend line.

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question