The term $\varepsilon$ in the regression model represents
A)the slope of the regression model.
B)a random error term.
C)a correction for mistakes in measuring X.
D)a correction for the fact that we are taking a sample.

Name: The term $\varepsilon$ in the regression model represents A)the slope of the regression model. B)a random error term. C)a correction for mistakes in measuring X. D)a correction for the fact that we are taking a sample.
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The Answer is B

The Term ε\varepsilonε In the Regression Model Represents A)the Slope of the Regression

The Term $\varepsilon$ In the Regression Model Represents
A)the Slope of the Regression