What are the constants a and b in the regression line ŷ = a + bx ? , – InterviewSolution

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1.	What are the constants a and b in the regression line ŷ = a + bx ? ,
Answer» In the regression line ŷ = a + bx, a is called the intercept of the regression line of Y on X and b is called the regression coefficient of the regression line of Y on X. It is also called the slope of the regression line of Y on X.

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