The population parameters that describe the y-intercept and slope of the line relating y and x, respectively, are _____. a. a an
1 answer:
The population parameters that describe the y-intercept and slope of the line relating y and x are β₀ and β₁ respectively.
<h3>What is a population model?</h3>A population model can be represented by the equation:
Where μy is the population mean, β₀ is the y intercept and β₁ is the slope of the line
The population parameters that describe the y-intercept and slope of the line relating y and x are β₀ and β₁ respectively.
Find out more on population parameters at: brainly.com/question/2292917
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Answer:
Step-by-step explanation:
Let be "x" the price in dollars of one copy of the city newspaper.
You need to analize the information provided in the exercise:
1. The total number of copies of the city newspaper sold in the newspaper stand is:
2. The amount of money earned by selling 1,000 copies of the city newspaper is:
Then, you can determine that the value of "x" can be found with:
3. Finally, substituting values, you get: