The "intercept coefficient" determined by regression analysis is sometimes referred to as the "goodness-of-fit" statistic.

Question

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The intercept coefficient is not the same as the goodness-of-fit statistic. The intercept coefficient is a measure of the value of the dependent variable when all independent variables are equal to zero, while the goodness-of-fit statistic measures how well the regression line fits the data.

The "Intercept Coefficient" Determined by Regression Analysis Is Sometimes Referred