What is b0?
Understand the Problem
The question is asking for the meaning or definition of 'b0', which is likely a variable or term used in a specific context such as mathematics, programming, or another discipline.
Answer
The intercept of the regression line.
The final answer is the intercept of the regression line; that is the predicted value when x = 0.
Answer for screen readers
The final answer is the intercept of the regression line; that is the predicted value when x = 0.
More Information
In the context of linear regression, b0 is a fundamental parameter as it sets the baseline level of the dependent variable in the absence of the predictor variable.
Tips
A common mistake is confusing b0 with the slope (b1) of the regression line, which measures how much the dependent variable changes with a unit change in the predictor.
Sources
- The web page with info on - Example Source - sthda.com
- How to derive B0 and B1 in linear regression - Induraj - induraj2020.medium.com
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