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Business
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3 / 778 |
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The commutative property allows us to rewrite the equation as "y = b + mx" or in the case of regression analysis "Y' = a + bX" where ?a' is the y-intercept and ?b' is the slope. The fact that Y is written as Y' (Y prime) means that we come up with a function when we perform regression analysis. The y-intercept, ?a', is the value of y when x = 0, and is also the starting point of our line...
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The fact that Y is written as Y' (Y prime) means that we come up with a function when we perform regression analysis. The y-intercept, ?a', is the value of y when x = 0, and is also the starting point of our line. The slope, ?b', is a ratio we use that is the rise (y) over the run (b). In other words, the slope lets us know that amount of vertical movement (y) for every horizontal movement (x)...
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