Problem related to least squares equation

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Reference no: EM13103454

Assume the least squares equation is Y' = 10 + 20X. What does the value of 10 in the equation indicate?

Y intercept

For each unit increased in Y, X increases by 10

For each unit increased in X, Y increases by 10

The value of Y when X equals 0

Reference no: EM13103454

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