In the linear trend equation,Y = a + bt,the coefficient b represents ________.
A)any value of time that is selected
B)the Y-intercept of the trend line
C)the slope of the trend line
D)the projected value at some point in time

Question

Quizplus · Accepted Answer

The coefficient b represents the slope of the trend line in the linear trend equation. It shows the rate of change in the dependent variable (Y) for a unit change in the independent variable (time).

In the Linear Trend Equation,Y = a + Bt,the Coefficient