SOLUTION: What is the difference between the following two regression equations?
y(with an inverted v above it) = bₒ + b₁x y = βₒ + β₁x
Choose the
Algebra ->
Probability-and-statistics
-> SOLUTION: What is the difference between the following two regression equations?
y(with an inverted v above it) = bₒ + b₁x y = βₒ + β₁x
Choose the
Log On
Question 757674: What is the difference between the following two regression equations?
y(with an inverted v above it) = bₒ + b₁x y = βₒ + β₁x
Choose the correct answer below:
A. The first equation is for sample data; the second equation is for a population.
B. The first equation is for a population; the second equation is for sample data.
You can put this solution on YOUR website!
y(with an inverted v above it) = bₒ + b₁x
Using observed or sample data for values of x
and y, estimates of the parameters bₒ and b₁ are
obtained and the estimated regression line is
y = βₒ + β₁x
where y is the value of y that is predicted from
the estimated regression line.
