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The model developed from sample data that has the form of 
= b0 + b1x is known as the
A) regression equation.
B) correlation model.
C) estimated regression equation.
D) regression model.
Estimated Regression Equation
An equation generated through regression analysis that predicts the dependent variable based on the values of independent variables.
Regression Equation
An equation derived from regression analysis that represents the statistical relationship between one or more predictor variables and the response variable.
Regression Model
A form of predictive modelling technique which investigates the relationship between a dependent (target) and independent variable(s) (predictor).
- Acquire insight into the essential aspects of simple linear regression, focusing on the regression equation and its constituents.
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Learning Objectives
- Acquire insight into the essential aspects of simple linear regression, focusing on the regression equation and its constituents.
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