The $\beta$₁ term indicates A)the average change in Y for a unit change in X. B)the Y value for a given value of X. C)the change in observed X for a given change in Y. D)the Y value when X equals zero.

Question

Quizplus · Accepted Answer

The $\beta$₁ term in a regression equation represents the slope, which indicates the average change in the dependent variable (Y) for a one-unit change in the independent variable (X).

The β\betaβ 1 Term Indicates A)the Average Change in Y for a for a Unit

The $\beta$ ₁ Term Indicates
A)the Average Change in Y for a for a Unit