Question:
In the equation of trend line \(y_t=a+bx\), a and b represent:
In the equation of trend line \(y_t=a+bx\), a and b represent:
Updated On: Sep 3, 2024
- the mean of y and the slope of trend line respectively
- the slope of trend line and the mean of y respectively
- the mean of xy and the slope of tend line respectively
- the slope of trend line and the mean of x respectively
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The Correct Option is A
Solution and Explanation
The correct option is (A):the mean of y and the slope of trend line respectively
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