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(Solved): In the simple linear regression model Y_(i)=\beta _(0) \beta _(1)x_(i) \xi _(i) the intercept is typ ...
In the simple linear regression model
Y_(i)=\beta _(0) \beta _(1)x_(i) \xi _(i)the intercept is typically small and unimportant.
\beta _(0) \beta _(1)x_(i)represents the population regression function. the absolute value of the slope is typically between 0 and 1.
\beta _(0) \beta _(1)x_(i)represents the sample regression function.
