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The parameter β0 is termed as intercept term and the parameter β1 is termed as slope parameter. These parameters are usually called as _________(a) Regressionists(b) Coefficients(c) Regressive(d) Regression coefficientsThe question was posed to me in an interview.I need to ask this question from Linear Regression topic in portion Commands, Packages, Visualizing Data and Linear Regression of R Programming

Answer»

Right option is (d) Regression coefficients

To explain: The PARAMETER β0 is termed as intercept TERM and the parameter β1 is termed as slope parameter. These parameters are usually CALLED as regression coefficients.



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