Question 823243
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y' = -301.27 + (6.96)x
y' = (6.96)x - 301.27
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answer:
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y' is a linear regression equation
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linear regression is a method for modeling the relationship between a dependent variable y and an explanatory variable x, where that relationship is linear or approximately linear
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-301.27 is the y-intercept of the regression line (aka alpha)
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6.96 is the slope of the regression line (aka beta)
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for any value of x in your data set you can calculate the value y' on the regression line by solving the linear regression equation: y' = (6.96)x - 301.27
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